Cemex S.A.B. de C.V.s in-depth stock price analysis indicates that the stock price has rallied 17.25% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 8.26% . Looking at the past 52 week period, the stock price is up at 108% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Cemex S.A.B. de C.V. has a positive value of 14.71 compared to overall market. Cemex S.A.B. de C.V. (NYSE:CX) has tumbled 1.95% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 13.43% in the last four weeks. The stocks have underperformed the S&P 500 by 2.74% during the past week but Cemex S.A.B. de C.V. (NYSE:CX) it has outperformed the index in 4 weeks by 11.4%.
Cemex S.A.B. de C.V. (NYSE:CX) : On Friday heightened volatility was witnessed in Cemex S.A.B. de C.V. (NYSE:CX) which led to swings in the share price. The stock opened for trading at $9.02 and hit $9.14 on the upside , eventually ending the session at $9.04, with a gain of 1.12% or 0.1 points. The heightened volatility saw the trading volume jump to 7,998,510 shares. The 52-week high of the share price is $9.51 and the company has a market cap of $4,058 million. The 52-week low of the share price is at $3.923076 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Cemex SAB de CV (ADR) was Upgraded by HSBC Securities to Buy on Nov 14, 2016.
CEMEX is one of the largest cement companies in the world, with close to 78 million metric tons of production capacity. Through operating subsidiaries in four continents, they are engaged in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates and clinker. They are also the worlds leading producer of white cement and the worlds largest trader of cement and clinker.