The stock price of Cemex S.A.B. De C.V. ADR (NYSE: CX) has plunged by -1.87 when compared to previous closing price of 8.56, but the company has seen a -5.30% decline in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-09 that Discovering chances with substantial growth potential in the stock market might unearth buried jewels. These three obscure stocks have innovative strategies and tremendous growth potential.
Is It Worth Investing in Cemex S.A.B. De C.V. ADR (NYSE: CX) Right Now?
Cemex S.A.B. De C.V. ADR (NYSE: CX) has a higher price-to-earnings ratio of 67.96x compared to its average ratio. CX has 36-month beta value of 1.48. Analysts have mixed views on the stock, with 14 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for CX is 1.51B, and currently, short sellers hold a 0.38% ratio of that float. The average trading volume of CX on April 16, 2024 was 7.03M shares.
CX’s Market Performance
CX’s stock has seen a -5.30% decrease for the week, with a -0.71% drop in the past month and a 7.01% gain in the past quarter. The volatility ratio for the week is 2.87%, and the volatility levels for the past 30 days are at 2.53% for Cemex S.A.B. De C.V. ADR The simple moving average for the last 20 days is -3.48% for CX stock, with a simple moving average of 12.47% for the last 200 days.
Analysts’ Opinion of CX
Many brokerage firms have already submitted their reports for CX stocks, with Barclays repeating the rating for CX by listing it as a “Equal Weight.” The predicted price for CX in the upcoming period, according to Barclays is $9 based on the research report published on February 09, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see CX reach a price target of $9. The rating they have provided for CX stocks is “Buy” according to the report published on January 09th, 2024.
Citigroup gave a rating of “Buy” to CX, setting the target price at $8.20 in the report published on November 02nd of the previous year.
CX Trading at 1.42% from the 50-Day Moving Average
After a stumble in the market that brought CX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.34% of loss for the given period.
Volatility was left at 2.53%, however, over the last 30 days, the volatility rate increased by 2.87%, as shares surge +0.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.24% lower at present.
During the last 5 trading sessions, CX fell by -5.30%, which changed the moving average for the period of 200-days by +20.69% in comparison to the 20-day moving average, which settled at $8.70. In addition, Cemex S.A.B. De C.V. ADR saw 8.39% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CX
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.33 for the gross margin
The net margin for Cemex S.A.B. De C.V. ADR stands at 0.01. The total capital return value is set at 0.09. Equity return is now at value 1.69, with 0.64 for asset returns.
Based on Cemex S.A.B. De C.V. ADR (CX), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.71. The interest coverage ratio of the stock is 3.75.
Currently, EBITDA for the company is 3.35 billion with net debt to EBITDA at 3.32. When we switch over and look at the enterprise to sales, we see a ratio of 1.2. The receivables turnover for the company is 9.03for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.74.
Conclusion
To put it simply, Cemex S.A.B. De C.V. ADR (CX) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
