Cemex S.A.B. De C.V. (CX): Today's Featured Industrial Goods Laggard

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.

Cemex S.A.B. de C.V ( CX) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day down 0.3%. By the end of trading, Cemex S.A.B. de C.V fell 12 cents (-1.5%) to $7.74 on light volume. Throughout the day, 8.1 million shares of Cemex S.A.B. de C.V exchanged hands as compared to its average daily volume of 11.4 million shares. The stock ranged in price between $7.69-$7.86 after having opened the day at $7.81 as compared to the previous trading day's close of $7.86. Other companies within the Industrial Goods sector that declined today were: American Woodmark Corporation ( AMWD), down 11.9%, A123 Systems ( AONE), down 7.9%, TRC Companies ( TRR), down 6.3%, and Skullcandy ( SKUL), down 5.6%.

CEMEX, S.A.B. de C.V., through its subsidiaries, engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, and other construction materials worldwide. Cemex S.A.B. de C.V has a market cap of $7.88 billion and is part of the materials & construction industry. Shares are up 41% year to date as of the close of trading on Friday. Currently there are five analysts that rate Cemex S.A.B. de C.V a buy, one analyst rates it a sell, and seven rate it a hold.

TheStreet Ratings rates Cemex S.A.B. de C.V as a sell. Among the areas we feel are negative, one of the most important has been an overall disappointing return on equity.

On the positive front, JinkoSolar ( JKS), up 14.9%, Adept Technology ( ADEP), up 11.1%, THT Heat Transfer Technology ( THTI), up 7.3%, and Gafisa ( GFA), up 5.8%, were all gainers within the industrial goods sector with B/E Aerospace ( BEAV) being today's featured industrial goods sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).
null

If you liked this article you might like

Trump Portfolio Beats S&P 500 in First 100 Days, Led by GEO Prison Stock

Twilio, HubSpot, TG Therapeutics, Under Armour: 'Mad Money' Lightning Round

Don't Be Fooled by This Retail Relief Rally: Cramer's 'Mad Money' Recap (Thursday 4/6/17)

Cemex Stock Upgraded to 'Overweight' at Morgan Stanley

Mexico to Mexican Companies: Don't Help Build That Wall