Cemex S.A.B. De C.V. ADR (NYSE: CX) Recovers 19.80% From 52-Week Low, Is CX Still A High-Risk, High-Reward Play?

Cemex S.A.B. De C.V. ADR (NYSE:CX) currently has a daily average trading volume of 9.97M but it saw 10214856 shares traded in last market. With a market cap of 9.06B USD, the company’s current market price of $5.99 came falling about -4.62 while comparing to the previous closing price of $6.28. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.27 and as low as $5.00. In the recent trading on the day, stock has struck highest price mark of $5.98 while lowest mark touched by it was $6.23.

Taking a look at 20-day trading activity of Cemex S.A.B. De C.V. ADR (CX) gives us an average price of $6.07, while its current price level is -35.35% below from 52-week high level whereas it is 19.80% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.13 while that of 200 days or SMA-200 reads an average of $6.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.95% during that period while stretching the period over a month that increases to 3.75%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.30 which implies that the stock is in neutral territory.

RBC Capital Mkts downgraded its recommendation for the stock as a “Underperform” from “Sector Perform” on December 11, 2024 while assigning a price target range of $6-$5. JP Morgan also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $7 and $6.

Over the week, CX’s stock price is moving -1.80% down while it is -6.99% when we observe its performance for the past one month. Year-to-date it is 6.21% up and over the past year, the stock is showing a downside performance of -30.27%.

The company is expected to be releasing its next quarterly report on 2025-Feb-05, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.68. In next quarter, company is expected to be making quarterly sales of $4.31B as analysts are expecting the sales for current fiscal year at $16.41B and seeing the company making $17.44B in sales next year. Moreover, analysts are in estimates of $3.87B for current-quarter revenue.

Currently, Cemex S.A.B. De C.V. ADR’s total number of outstanding shares is 1.51B with 0.00% of that held by the insiders while 33.52% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 5.10% and return on equity (ROE) at 8.39%. It has a price to earnings ratio (P/E ratio) of 9.37 while having a 7.53 of forward P/E ratio. Stock’s beta reads 1.25. Stock has a price to book (P/B) ratio of 0.85 while price to sale or P/S ratio amounts to 0.55. Its return on asset (ROA) is 3.29% on average.