Shares of Cemex S.A.B. de C.V. (CX) Sees Large Inflow of Net Money Flow

Cemex S.A.B. de C.V. (CX) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $11.68 million worth of transactions were on upticks, whereas, the downticks accounted for $9.97 million worth of transactions. The net money flow was a positive $1.71 million and the uptick to downtick ratio was 1.17. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 1.45 in their favor. The net money flow into the stock was $2.35 million. The value of block trades done on downticks was only $5.18 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $7.54 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Cemex S.A.B. de C.V. (CX) was trading at $7.92, down $0.02 during day. The stock slid -0.25% over the previous days close. For the week, the stock recorded 2.46% over the previous weeks close.


Shares of CEMEX, S.A.B. de C.V. appreciated by 7.86% during the last five trading days but lost 3.69% on a 4-week basis. CEMEX, S.A.B. de C.V. is up 37.29% in the last 3-month period. Year-to-Date the stock performance stands at 51.24%.

Cemex S.A.B. de C.V. (CX) has an average broker rating of 1.75, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Cemex S.A.B. de C.V. (NYSE:CX): The stock opened at $7.95 and touched an intraday high of $8.1 on Wednesday. During the day, the stock corrected to an intraday low of $7.78, however, the bulls stepped in and pushed the price higher to close in the green at $8.1 with a gain of 2.02% for the day. The total traded volume for the day was 16,315,678. The stock had closed at $7.94 in the previous trading session.

CEMEX, S.A.B. de C.V. (CEMEX) is an operating and holding company engaged, directly or indirectly, through its operating subsidiaries, primarily in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other construction materials throughout the world, and that provides construction-related services to customers and communities in more than 50 countries throughout the world. The Company operates in geographical segments: Mexico, United States, Northern Europe, Mediterranean, South America and the Caribbean (SAC), and Asia. Its types of cement include Gray Ordinary Portland Cement, White Portland Cement, Masonry or Mortar, Oil-well Cement and Blended Cement. The Companys main cement production facilities are located in Mexico, the United States, Spain, Egypt, Germany, Colombia, the Philippines, Poland, the Dominican Republic, the United Kingdom, Croatia, Panama, Latvia, Puerto Rico, Thailand, Costa Rica and Nicaragua.

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