Cemex S.A.B. De C.V. ADR (NYSE: CX) is -5.50% lower on its value in year-to-date trading and has touched a low of $4.89 and a high of $8.73 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CX stock was last observed hovering at around $5.18 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $5.33, the stock is -5.56% and -11.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 20.32 million and changing 2.90% at the moment leaves the stock -10.73% off its SMA200. CX registered -39.02% loss for a year compared to 6-month loss of -13.47%. The firm has a 50-day simple moving average (SMA 50) of $6.0488 and a 200-day simple moving average (SMA200) of $5.9708.
The stock witnessed a -11.46% gain in the last 1 month and extending the period to 3 months gives it a -0.93%, and is 4.31% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.20% over the week and 4.50% over the month.
Cemex S.A.B. De C.V. ADR (CX) has around 44494 employees, a market worth around $8.06B and $16.53B in sales. Current P/E ratio is 8.34 and Fwd P/E is 6.97. Profit margin for the company is 5.68%. Distance from 52-week low is 9.00% and -38.95% from its 52-week high. The company has generated returns on investments over the last 12 months (5.10%).
with sales reaching $3.77B over the same period.The EPS is expected to grow by 5.29% this year, but quarterly earnings will post 0.92% year-over-year. Quarterly sales are estimated to shrink -8.82% in year-over-year returns.
Cemex S.A.B. De C.V. ADR (CX) Top Institutional Holders
360.0 institutions hold shares in Cemex S.A.B. De C.V. ADR (CX), with institutional investors hold 33.60% of the company’s shares. The shares outstanding are 1.51B, and float is at 1.51B with Short Float at 1.10%. Institutions hold 33.60% of the Float.
The top institutional shareholder in the company is BAILLIE GIFFORD & CO with over 31.99 million shares valued at $204.39 million. The investor’s holdings represent 2.1757% of the CX Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 20.78 million shares valued at $132.8 million to account for 1.4137 of the shares outstanding. The other top investors are PRINCIPAL FINANCIAL GROUP INC which holds 19.98 million shares representing 1.3594% and valued at over $127.7 million, while AQR CAPITAL MANAGEMENT LLC holds 1.2964 of the shares totaling 19.06 million with a market value of $121.11 million.
Cemex S.A.B. De C.V. ADR (CX) Insider Activity
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Still, SEC filings show that on Aug 07 ’24, VICENTE SAISO ALVA (Vice President of Strategic Pl) Proposed Sale 9,648 shares at an average price of $6.27 for $60504.0. The insider now directly holds shares of Cemex S.A.B. De C.V. ADR (CX).
