Cemex S.A.B. De C.V. ADR’s filing revealed that its Officer JAIME MUGUIRO DOMINGUEZ acquired Company’s shares for reported $78323.0 on Nov 01 ’24. In the deal valued at $5.22 per share,14,990 shares were bought.
Then, Saldana Madero Roger bought 45,385 shares, generating $305,641 in total proceeds.
Before that, VICENTE SAISO ALVA bought 9,648 shares. Cemex S.A.B. De C.V. ADR shares valued at $60,504 were divested by the Vice President of Strategic Pl at a price of $6.27 per share.
RBC Capital Mkts downgraded its Cemex S.A.B. De C.V. ADR [CX] rating to an Underperform from a a Sector perform in a research note published on December 11, 2024; the price target was decreased to $5 from $6. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late October from “an Overweight” to “a Neutral”. RBC Capital Mkts also remained covering CX and has increased its forecast on October 08, 2024 with a “Sector perform” recommendation from previously “an Underperform” rating.
Price Performance Review of CX
On Tuesday, Cemex S.A.B. De C.V. ADR [NYSE:CX] saw its stock jump 0.37% to $5.40. Over the last five days, the stock has lost -5.76%. Cemex S.A.B. De C.V. ADR shares have fallen nearly -4.26% since the year began. Nevertheless, the stocks have fallen -31.03% over the past one year. While a 52-week high of $9.27 was reached on 01/06/25, a 52-week low of $5.00 was recorded on 01/14/25. SMA at 50 days reached $5.58, while 200 days put it at $6.51.
Levels Of Support And Resistance For CX Stock
The 24-hour chart illustrates a support level at 5.32, which if violated will result in even more drops to 5.25. On the upside, there is a resistance level at 5.49. A further resistance level may holdings at 5.58. The Relative Strength Index (RSI) on the 14-day chart is 38.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.07%. Stochastics %K at 12.00% indicates the stock is a buying.
How much short interest is there in Cemex S.A.B. De C.V. ADR?
A steep rise in short interest was recorded in Cemex S.A.B. De C.V. ADR stocks on 2024-12-31, growing by 5.44 million shares to a total of 13.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 7.97 million shares. There was a rise of 40.55%, which implies that there is a positive sentiment for the stock.
