Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Cemex S.A.B. De C.V. ADR shares valued at $78,323 were purchased by JAIME MUGUIRO DOMINGUEZ on Nov 01 ’24. At $5.22 per share, JAIME MUGUIRO DOMINGUEZ acquired 14,990 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Saldana Madero Roger purchased 45,385 shares, netting a total of over 305,641 in proceeds.
Before that, VICENTE SAISO ALVA had added 9,648 shares to its account. In a trade valued at $60,504, the Vice President of Strategic Pl bought Cemex S.A.B. De C.V. ADR shares for $6.27 each.
As published in a research note from JP Morgan on October 29, 2024, Cemex S.A.B. De C.V. ADR [CX] has been rated down from an Overweight to a Neutral and the price target has been revised to $6 from $7. Analysts at RBC Capital Mkts upgraded the stock from ‘”an Underperform”‘ to ‘”a Sector perform”‘ outlook in a report released in early October. Earlier on July 31, 2024, Barclays upgraded its rating. Their new recommendation was “an Overweight” for CX stock which previously was a “an Equal weight”.
Analyzing CX Stock Performance
During the last five days, there has been a drop of approximately -7.48%. Over the course of the year, Cemex S.A.B. De C.V. ADR shares have dropped approximately -31.35%. Shares of the company reached a 52-week high of $9.27 on 04/03/24 and a 52-week low of $5.00 on 11/06/24. A 50-day SMA is recorded $5.88, while a 200-day SMA reached $7.01. Nevertheless, trading volume fell to 16.1 million shares from 5.54 million shares the previous day.
Support And Resistance Levels for Cemex S.A.B. De C.V. ADR (CX)
According to the 24-hour chart, there is a support level at 5.25, which, if violated, would cause prices to drop to 5.17. In the upper region, resistance lies at 5.44. The next price resistance is at 5.56. RSI (Relative Strength Index) is 40.33 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.02, which suggests the price will decrease in the coming days. Percent R is at 72.65%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
