Economy

Cemex SAB de CV (CX) Sees Significant Growth in Short Interest

The value of the investment in Cemex, S.A.B.de C.V. Sponsored went from $61,206,000 to $50,692,000 a change of 17.2% for the reporting period. Comerica Bank now owns 99,725 shares of the construction company's stock worth $795,000 after buying an additional 3,528 shares during the period. The company's 50-day moving average price is $8.70 and its 200 day moving average price is $8.30. The stock has an average rating of "Buy" and an average price target of $10.58. The market capitalization of the company is at $12.92 Billion.

CEMEX, S.A.B.de C.V. (CX) stock price tumbled -0.22% to trade at $8.92 in current session.

CEMEX, S.A.B.de C.V. (CX) stock price away from 20 day simple moving average slumped at -2.07% while its distance from 50 day simple moving average declined -3.75% along with 0.81% above away from two hundred simple moving averages.

Receive Cemex S.A.B.de C.V. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cemex S.A.B.de C.V. with MarketBeat.com's FREE daily email newsletter.

The number of shares changed hands in the stock is good, indicating the interest and low risk associated with it. The analysts, on average, are forecasting a $27.64 price target, but the stock is already up 16.18% from its recent lows.

Cemex, S.A.B.de C.V. Sponsored shares had a trading volume of 1,327K by the end of trading on Friday. Now have a look at past performance (weekly performance to year to date performance) how CEMEX, S.A.B.de C.V. (CX) has been moved; whether it performed well or not. Cemex S.A.B.de C.V. has a 12-month low of $6.91 and a 12-month high of $10.37.

Cemex S.A.B.de C.V. had a return on equity of 8.94% and a net margin of 8.34%. In the last earnings report the EPS was $0.08 and is expected to be $0.56 for the current year with 14,999,043,000 shares now outstanding.

Shares of Cemex S.A.B.de C.V. The company had revenue of $3.58 billion for the quarter.

Several research firms have recently weighed in on CX. Cemex S.A.B.de C.V. On average, equities research analysts forecast that Cemex S.A.B.de C.V. will post $0.56 EPS for the current fiscal year.

09/23/2015 - Cemex S.A.B.de C.V. had its "buy" rating reiterated by analysts at HSBC.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.4 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. BidaskClub raised shares of Cemex S.A.B.de C.V. from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, July 12th.

CEMEX, S.A.B.de C.V. (CEMEX) is an operating and holding company engaged, directly or indirectly, through its operating subsidiaries, primarily in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other construction materials throughout the world, and that provides construction-related services to customers and communities in over 50 countries throughout the world. Bank of America Corporation downgraded Cemex SAB de CV from a "buy" rating to a "neutral" rating and increased their price objective for the company from $10.60 to $10.70 in a report on Tuesday, August 29th. The legal version of this piece of content can be read at https://www.truebluetribune.com/2017/10/07/employees-retirement-system-of-texas-boosts-position-in-cemex-s-a-b-de-c-v-cx.html.

03/17/2017 - Cemex S.A.B.de C.V. had its "outperform" rating reiterated by analysts at Credit Suisse.



Like this

Latest


07 October 2017
Attempt to defame Kerala, says Kanam
The statement of RSS chief Mohan Bhagwat that Kerala is supporting Jihadis is aimed at picturing Kerala as a worse state. Vijayan accused the BJP of attempting to demolish secularism with the backing of the Union government.

07 October 2017
Bus-van collision leaves 14 dead, 27 injured in Mastung
They added the accident took place when the driver lost control of the steering at Lak Pass near Mastung . However, the doctors fear the death toll may rise as seven of those injured are in critical condition.

07 October 2017
Cenovus Energy Inc (CVE) Director Acquires C$332500.00 in Stock
After posting $0.36 EPS for the previous quarter, Cenovus Energy Inc's analysts now forecast -83.33 % negative EPS growth. United States Steel & Carnegie Pension Fund decreased Cenovus Energy (CVE) stake by 26.64% reported in 2017Q2 SEC filing.

07 October 2017
Green Square Capital LLC Lowers Position in Align Technology, Inc. (ALGN)
Jaffetilchin Investment Partners Llc decreased Apple Inc (NASDAQ:AAPL) stake by 3,771 shares to 39,574 valued at $5.70M in 2017Q2. The rating was maintained by Stifel Nicolaus on Friday, July 28 with "Buy". (NYSE:PM) on Monday, August 24 to "Buy" rating.

07 October 2017
Police begins probe of Mansarovar Park Murder
We will put our entire force into working out this case", said Special Commissioner, Delhi Police, SBK Singh. Deputy Commissioner of Police Nupur Prasad said the motive behind the killings was not known.

07 October 2017
Veteran filmmaker Kundan Shah passes away
Filmmaker Kundan Shah also ventured into the television industry after directing his first movie. Kundan Shah has given cinema some of the best films and TV shows that we've seen growing up.

07 October 2017
Estee Lauder Companies, Inc. (T (NYSE:EL) Trading Volume Significantly Lower
Northwestern Mutual Wealth Management Company increased Lauder Estee Cos Inc (EL) stake by 306.64% reported in 2017Q2 SEC filing. Capital World Investors boosted its holdings in shares of Estee Lauder Companies, Inc. (The) by 3.1% during the second quarter.

07 October 2017
F1: Hamilton romps to pole in Japan
After a tough few weeks, Vettel says Ferrari are confident of a good race in Japan. It means Bottas will not be able to start on the grid higher than sixth place.

07 October 2017
75-yr-old dead in flat for 45 days
Although, he was not answering calls, his wife Lakshmi and their daughters did not bother to ask anyone here to check on him. He was alone in the flat, which has a central locking system, on the top floor of Sai Maruti Residency.

07 October 2017
EPA chief: Say goodbye to federal Clean Power Plan
In the 43-page document, the EPA said the Clean Power Plan (CPP) introduced by former President Barack Obama in 2015 was illegal. Clean Power Plan supporters told the media outlets the EPA's cost calculations fail to account for recent power sector trends.



Recommended