Investors sold shares of Cemex S.A.B. de C.V. (NYSE:CX) on strength during trading hours on Thursday. $12.26 million flowed into the stock on the tick-up and $53.80 million flowed out of the stock on the tick-down, for a money net flow of $41.54 million out of the stock. Of all stocks tracked, Cemex S.A.B. de C.V. had the 0th highest net out-flow for the day. Cemex S.A.B. de C.V. traded up $0.12 for the day and closed at $7.85

A number of research analysts recently commented on CX shares. Zacks Investment Research downgraded shares of Cemex S.A.B. de C.V. from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Berenberg Bank reissued a “hold” rating and set a $8.40 price objective on shares of Cemex S.A.B. de C.V. in a research report on Thursday, July 27th. BidaskClub downgraded shares of Cemex S.A.B. de C.V. from a “strong-buy” rating to a “buy” rating in a research report on Friday, July 28th. Bank of America Corporation downgraded shares of Cemex S.A.B. de C.V. from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $10.60 to $10.70 in a research report on Tuesday, August 29th. Finally, ValuEngine downgraded shares of Cemex S.A.B. de C.V. from a “buy” rating to a “hold” rating in a research report on Saturday, September 30th. Six equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $10.76.

The company has a market cap of $11,460.00, a P/E ratio of 12.22, a P/E/G ratio of 0.99 and a beta of 1.35. The company has a quick ratio of 0.54, a current ratio of 0.74 and a debt-to-equity ratio of 0.88.

Cemex S.A.B. de C.V. (NYSE:CX) last released its earnings results on Thursday, October 26th. The construction company reported $0.14 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.01). Cemex S.A.B. de C.V. had a return on equity of 8.71% and a net margin of 8.38%. sell-side analysts predict that Cemex S.A.B. de C.V. will post 0.5 earnings per share for the current year.

Several hedge funds have recently added to or reduced their stakes in CX. Vanguard Group Inc. lifted its stake in shares of Cemex S.A.B. de C.V. by 5.3% in the 1st quarter. Vanguard Group Inc. now owns 1,553,703 shares of the construction company’s stock worth $14,092,000 after acquiring an additional 77,948 shares during the period. Bank of Montreal Can lifted its stake in shares of Cemex S.A.B. de C.V. by 13.0% in the 2nd quarter. Bank of Montreal Can now owns 816,206 shares of the construction company’s stock worth $7,688,000 after acquiring an additional 93,966 shares during the period. James Investment Research Inc. lifted its stake in shares of Cemex S.A.B. de C.V. by 55.6% in the 2nd quarter. James Investment Research Inc. now owns 16,335 shares of the construction company’s stock worth $154,000 after acquiring an additional 5,835 shares during the period. Eqis Capital Management Inc. lifted its stake in shares of Cemex S.A.B. de C.V. by 6.8% in the 2nd quarter. Eqis Capital Management Inc. now owns 53,149 shares of the construction company’s stock worth $501,000 after acquiring an additional 3,400 shares during the period. Finally, OLD National Bancorp IN lifted its stake in shares of Cemex S.A.B. de C.V. by 4.4% in the 2nd quarter. OLD National Bancorp IN now owns 22,719 shares of the construction company’s stock worth $214,000 after acquiring an additional 953 shares during the period. Institutional investors own 42.00% of the company’s stock.

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About Cemex S.A.B. de C.V.

CEMEX, SAB. 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 over 50 countries throughout the world.

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