Cemex S.A.B. DE C.V. ADR (CX)
$3.86 0.06 (1.53%)
19:00 EDT CX Stock Quote Delayed 30 Minutes
With so much chaos in eastern Europe, investors may want to consider geographical cover with these Latin America stocks.
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Previous Close -
Market Cap 56.79B
PE Ratio -
Volume (Avg. Vol.) 4.18M
Day's Range $3.75 - $3.90
52-Week Range $3.22 - $8.64
Dividend & Yield N/A (N/A)
CX Stock Predictions, Articles, and Cemex S.A.B. DE C.V. ADR News
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Cemex (CX), a company that produces and sells cement, ready-mix concrete and other construction materials, reported earnings last week and, on the surface, the news looked pretty good. The earnings-per-share (EPS) numbers were a bit better than average estimates, but revenue was a little low.
Cemex SAB de CV's Sell recommendation is the outcome of an analytical process that is proprietary and produced results that were above average in 1 area: an analytical score that is near average; and produced below average outcomes in 5 areas: an economic sector ranked below average in attractiveness, an industry group ranked below average in attractiveness, a ranking in its sector group that is in the bottom quarter, ranking in its industry group that is in the bottom quarter, and a quantitative risk/reward calculation that is below average.
Once completely out of favor, Mexican stocks have seen a dramatic resurgence thanks in part to ongoing White House drama.
As the wall on the US Southern border moves ahead, Cemex declined to bid on the concrete contract. But that won't keep CX from profits
Just past the west Texas border into Chihuahua, Mexico is one of the largest silver mines in the country. Further south, an even larger silver mine resides in Zacatecas. Mexico is by far the world’s leading producer of silver, boasting 5,600 metric tons in 2021 versus the number two producer, China, which netted 3,400 metric tons in the same year.