CEMEX S.A.B. de C.V. [CX] stock is up 0.30 while the S&P 500 has risen 0.42% on Monday, 08/10/20. While at the time of this article, CX ATR is sitting at 0.12, with the beta value at 1.49. This stock’s volatility for the past week remained at 3.09%, while it was 3.62% for the past 30-day period. CX has risen $0.01 from the previous closing price of $3.36 on volume of 2.7 million shares.

On 24, April 2020, CEMEX Implements 50 New Hygiene and Safety Protocols to Address COVID-19. According to news published on Yahoo Finance, CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) announced today that it has implemented more than 50 new hygiene and safety protocols to minimize the risk of COVID-19 contagion in its cement, ready-mix concrete, and aggregates operations across the world. The company’s operations are in strict adherence to the authorities´ regulations, recognizing the importance of the construction industry in supporting the maintenance and service of essential infrastructure required to face the pandemic and contribute to the economy in the countries where the company is present.

Analyst Birdseye View:

The most recent analyst activity for CEMEX S.A.B. de C.V. [NYSE:CX] stock was on April 17, 2020, when it was Downgrade with a Sell rating from Loop Capital. On April 06, 2020, JP Morgan Downgrade a Neutral rating. On April 06, 2020, Credit Suisse Downgrade a Neutral rating. On December 19, 2019, Loop Capital Initiated a Hold rating. On April 29, 2019, Morgan Stanley Downgrade an Equal-weight rating. On April 11, 2019, Goldman Initiated a Neutral rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $1.55 and a peak of $4.37. Right now, the middling Wall Street analyst 12-month amount mark is $3.50. At the most recent market close, shares of CEMEX S.A.B. de C.V. [NYSE:CX] were valued at $3.37. According to the average price forecast, investors can expect a potential return of 3.14%.

FUNDAMENTAL ANALYSIS

CEMEX S.A.B. de C.V. [NYSE:CX] most recently reported quarterly sales of 67.87 billion, which represented growth of -14.40%. This publicly-traded organization’s revenue is $6,220,234 per employee, while its income is $26,056 per employee. This company’s Gross Margin is currently 32.60%, its Operating Margin is 6.70%, its Pretax Margin is +1.55, and its Net Margin is +0.42. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 0.19, 0.59, 6.01 and 0.28 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 55.97 and the whole liability to whole assets at 40.24. It shows enduring liability to the whole principal at 49.13 and enduring liability to assets at 0.35 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 3.32 points at 1st support level, the second support level is making up to 3.29. But as of 1st resistance point, this stock is sitting at 3.40 and at 3.44 for 2nd resistance point.

CEMEX S.A.B. de C.V. [CX] reported its earnings at $0.01 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.01/share signifying the difference of 0 and 0.00% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.01 calling estimates for $0.01/share with the difference of 0 depicting the surprise of 0.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for CEMEX S.A.B. de C.V. [NYSE:CX] is 1.30. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.15. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.42, it’s amount to book ratio is 0.61 and showing 240.00 of P/E (TTM) ratio.