Cemex SAB de CV (ADR) (NYSE:CX) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: January 11, 2017
Having a price of $7.81, Cemex SAB de CV (ADR) (NYSE:CX) traded 0.13% higher on the day. With the last close down -1.07% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.04% over the same period. CX has recorded a 50-day average of $8.08 and a two hundred day average of $7.89. Trade Volume was down over the average, with 8,721,233 shares of CX changing hands under the typical 13,591,500
Zacks Investment Research has downgraded Cemex SAB de CV (ADR) (NYSE:CX) to Hold in a statement released on Wednesday January 11, 2017.
On 1/10/2017, Zacks Investment Research released a statement on Cemex SAB de CV (ADR) (NYSE:CX) upped the target price from $0.00 to $9.00 that suggested an upside of 0.15%.
Recent Performance Chart
Cemex SAB de CV (ADR) has PE ratio of 200.26 with a one year low of $3.50 and a one year high of $9.35 and has a market capitalization of $0.
A total of 17 analysts have released a report on Cemex SAB de CV (ADR). Three analysts rating the company a strong buy, eight analysts rating the company a buy, six analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $9.25.
General Company Details For Cemex SAB de CV (ADR) (NYSE:CX)
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. The Company operates in various locations, including Mexico, the United States, Europe, South America, Central America, the Caribbean, Asia, the Middle East and Africa. Its cement production facilities are located in Mexico, the United States, Spain, Egypt, Germany, Colombia, the Philippines, Poland, the Dominican Republic, the United Kingdom, Panama, Latvia, Puerto Rico, Thailand, Costa Rica and Nicaragua. The Company is a supplier of aggregates, primarily the crushed stone, sand and gravel, used in various forms of construction.
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