CX - Shares of Cemex S.A.B. de C.V. Sponsored ADR (CX) Exceed 52-Week High
Shares of Cemex S.A.B. de C.V. Sponsored ADR (NYSE:CX) traded at a new 52-week high today of $7.90. So far today approximately 8.6 million shares have been exchanged, as compared to an average 30-day volume of 8.3 million shares.
In the past 52 weeks, shares of Cemex S.A.B. de C.V. Sponsored ADR have traded between a low of $1.85 and a high of $7.90 and is now at $7.88, which is 326% above that low price.
Cemex is the largest ready-mix concrete company and one of the largest aggregates companies in the world. In 2019, the company sold roughly 63 million tons of cement, 50 million cubic meters of ready-mix, and 135 million tons of aggregates. As of Dec. 31, 2019, the company had annual cement production capacity of roughly 105 million tons. The company generates roughly 24% of sales in Europe, 23% in Mexico, 30% in the United States, 13% in South America and the Caribbean, and 11% in Asia, Middle East, and Africa.
Cemex S.A.B. de C.V. Sponsored ADR (NYSE:CX) defies analysts with a current price ($7.88) 6.8% above its average consensus price target of $7.35.
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