Ngam Advisors LP Raises Stake in Cemex SAB de CV (CX)

Finally, Bank of America Corporation raised shares of Cemex C.V. from a "neutral" rating to a "buy" rating and increased their price objective for the company from $10.10 to $10.60 in a research note on Tuesday, June 20th. The company saw 12.06 million shares trade hands over the course of the day. The market capitalization for the company is reported at $1.99 billion, while the P/E ratio yielded by the company was 0.00. The RSI oscillates between zero and 100. When RSI moves above 70, it is overbought and could lead to a downward move.

Cemex C.V. was upgraded to " by analysts at Bank of America Merrill Lynch.

A price target is the projected price level of a financial security stated by an investment analyst. It's the most up-to-date valuation until trading begins again on the next day.

When it comes to the Analysis of a Stock, Price Target plays a vital role. They now have a Dollars 8.3 price target on the stock.

Nabors Industries Ltd. (NYSE:NBR) stock price level can be now recognized as a major resistance and therefore the stock is an overall downtrend, as a stock's price remains below the 200 SMA on the daily time frame. Cemex S.A.B. De C.V. Sponsored (NYSE:CX)'s price sits 10.78% above from its 50-day moving average of $9 and 17.82% far from the stock's 200-day moving average which is $8.59. The difference between the expected and actual EPS was $0.09/share, which represents an Earnings surprise of 180%. The shares have moved 6.02% on the week. They now have a Dollars 8 price target on the stock.

ROIC measures how effectively company management is using invested capital to generate company income. Finally, Banco BTG Pactual S.A. bought a new stake in shares of Cemex C.V. during the first quarter valued at about $9,144,000. In other words, EPS reveals how profitable a company is on a share owner basis.

According to these analysts, the Low Revenue Estimate for CEMEX, 3.73 Billion and the High Revenue Estimate is 3.78 Billion. Analysts mean target price for The Southern Company (NYSE:SO) is $34.00 while their mean recommendation is 3.20 (1=Buy, 5=sell).

The company maintained ROI for the last twelve months at 6.00%. It is now trading at $9.78 which is just a bit higher than $8.85, the stock's 50 day moving average and a tad higher than the 200 day moving average of $8.53. The average is taken over a specific period of time, like 10 days, 20 minutes, 30 weeks, or any time period the trader chooses. A frequently used tool among technical stock analysts is the moving average. Moving average strategies are also popular and can be tailored to any time frame, suiting both long term investors and short-term traders. Moving averages can be very helpful for identifying peaks and troughs. Angled up and price is moving up (or was recently) overall, angled down and price is moving down overall, moving sideways and the price is likely in a range. Volatility can either be measured by using the standard deviation or variance between returns from that same security or market index. Its weekly and monthly volatility is 2.18%, 2.38% respectively.

CX has been the subject of several research reports. Three equities research analysts have rated the stock with a hold rating, eight have given a buy rating and three have given a strong buy rating to the company. Zacks Investment Research raised shares of Cemex C.V. from a "hold" rating to a "strong-buy" rating and set a $11.00 price objective on the stock in a research report on Thursday, April 6th. The recommendation scale measures the value from 1 to 5, where 1 means "Buy" and 5 stands for "Sell". Current ratio which is the relationship between current assets and current liabilities, indicating the liquidity of a business is calculated as 0.70. Credit Suisse Group set a $11.00 price objective on Cemex C.V. and gave the company a "buy" rating in a report on Friday, March 17th. During the past three months the stock gain 10.74%, bringing six months performance to 28.82%.

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