Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. 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.
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 RBC Capital Mkts on December 11, 2024, Cemex S.A.B. De C.V. ADR [CX] has been rated down from a Sector perform to an Underperform and the price target has been revised to $5 from $6. Analysts at JP Morgan downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in late October. As of October 08, 2024, RBC Capital Mkts has increased its “an Underperform” rating to a “Sector perform” for CX.
Analyzing CX Stock Performance
During the last five days, there has been a surge of approximately 5.37%. Over the course of the year, Cemex S.A.B. De C.V. ADR shares have jumped approximately 7.80%. Shares of the company reached a 52-week high of $6.20 on 01/30/25 and a 52-week low of $5.34 on 01/14/25. A 50-day SMA is recorded $5.63, while a 200-day SMA reached $6.33. Nevertheless, trading volume fell to 11.24 million shares from 9.09 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 5.94, which, if violated, would cause prices to drop to 5.80. In the upper region, resistance lies at 6.21. The next price resistance is at 6.34. RSI (Relative Strength Index) is 64.67 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.27, which suggests the price will decrease in the coming days. Percent R is at 13.87%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
