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.Cemex S.A.B. de C.V ( CX) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.5%. By the end of trading, Cemex S.A.B. de C.V rose $0.12 (1.1%) to $11.36 on light volume. Throughout the day, 10,814,266 shares of Cemex S.A.B. de C.V exchanged hands as compared to its average daily volume of 14,669,800 shares. The stock ranged in a price between $11.27-$11.53 after having opened the day at $11.32 as compared to the previous trading day's close of $11.24. Other companies within the Industrial Goods sector that increased today were: Intellicheck Mobilisa ( IDN), up 15.9%, China Valves Technology ( CVVT), up 7.1%, Tower International ( TOWR), up 5.1% and Tri-Tech ( TRIT), up 5.0%.
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 $12.1 billion and is part of the materials & construction industry. Shares are up 13.9% 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 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.