The price of Cemex S.A.B. De C.V. ADR (NYSE:CX) shares last traded on Wall Street fell -1.06% to $8.37.
CX stock price is now 5.85% away from the 50-day moving average and 15.01% away from the 200-day moving average. The market capitalization of the company currently stands at $12.65B.
With the price target maintained at $9, Barclays recently Downgraded its rating from Overweight to Equal Weight for Cemex S.A.B. De C.V. ADR (NYSE: CX). On January 09, 2024, BofA Securities Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $9, while ‘Citigroup’ rates the stock as ‘Buy’
A total of 0.00% of the company’s stock is owned by insiders.
During the past 12 months, Cemex S.A.B. De C.V. ADR has had a low of $4.72 and a high of $8.81. As of last week, the company has a debt-to-equity ratio of 0.63, a current ratio of 0.74, and a quick ratio of 0.47. According to the stock market information, the enterprise value for the company is $19.67B, which is based on a 63.22 price-to-earnings ratio, a 4.65 price-to-earnings-growth ratio, and a beta of 1.45. The fifty day moving average price for CX is $7.93 and a two-hundred day moving average price translates $7.29 for the stock.
The latest earnings results from Cemex S.A.B. De C.V. ADR (NYSE: CX) was released for Dec, 2023. According to the Building Materials Company, earnings per share came in at -$0.3, missing analysts’ expectations of $0.19 by -0.49. This compares to $0.16 EPS in the same period last year. The net profit margin was 1.05% and return on equity was 1.63% for CX. The company reported revenue of $4.57 billion for the quarter, compared to $3.96 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 15.55 percent. For the current quarter, analysts expect CX to generate $4.17B in revenue.
