Cemex S.A.B. De C.V. (CX): Today's Featured Materials & Construction Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day down 0.5%. By the end of trading, Cemex S.A.B. de C.V rose $0.25 (2.2%) to $11.61 on average volume. Throughout the day, 18,544,262 shares of Cemex S.A.B. de C.V exchanged hands as compared to its average daily volume of 14,030,600 shares. The stock ranged in a price between $11.41-$11.80 after having opened the day at $11.41 as compared to the previous trading day's close of $11.36. Other companies within the Materials & Construction industry that increased today were:
(
), up 7.0%,
(
), up 5.5%,
(
), up 4.8% and
Perma-Fix Environmental Services
(
), up 4.7%.
CEMEX, S.A.B. de C.V., through its subsidiaries, engages in the production and sale of cement, ready-mix concrete, aggregates, and other construction materials in Mexico, the United States, Northern Europe, the Mediterranean, South America, the Caribbean, and Asia. Cemex S.A.B. de C.V has a market cap of $12.5 billion and is part of the industrial goods sector. Shares are up 16.1% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Cemex S.A.B. de C.V a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates Cemex S.A.B. de C.V as a
. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.
- You can view the full Cemex S.A.B. de C.V Ratings Report.
On the negative front,
(
), down 10.3%,
(
), down 8.6%,
(
), down 7.2% and
(
), down 6.8% , were all laggards within the materials & construction industry with
(
) being today's materials & construction industry laggard.
- Use our materials & construction section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider
(
) while those bearish on the materials & construction industry could consider
ProShares Short Basic Materials Fd
(
).
- Find other investment ideas from our top rated ETFs lists.
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