Cemex S.A.B. De C.V Stock Falls On Unusually High Volume (CX) - TheStreet

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

.

NEW YORK (

TheStreet

) --

Cemex S.A.B. de C.V

(NYSE:

CX

) is trading at unusually high volume Thursday with 28.5 million shares changing hands. It is currently at two times its average daily volume and trading down 46 cents (-4.4%) at $10 as of 3:31 p.m. ET.

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Cemex S.A.B. de C.V has a market cap of $11.53 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 6% year to date as of the close of trading on Wednesday.

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.

TheStreet Ratings rates

Cemex S.A.B. de C.V

as a

hold

. 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

.

See all heavy volume stocks in our

stocks moving on unusual volume list

or get investment ideas from our

investment research center

.

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