CEMEX, S.A.B. de C.V. (CX) in Focus: Stock Moves 5.0% Higher – Tale of the Tape

April 7, 2014 Technicals 0

Zacks

CEMEX, S.A.B. de C.V. (CX) was a big mover last session, as the company saw its shares rise by over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained roughly 13% since March 14.

This cement company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

CEMEX, S.A.B. de C.V. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the industrial goods industry include Kadant Inc. (KAI), Komatsu Ltd. (KMTUY) and Vulcan Materials Company (VMC). While Kadant holds a Zacks Rank #1 (Strong Buy), Komatsu and Vulcan Materials Company carry a Zacks Rank #2 (Buy).

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