Cemex (CX, Financial) experienced a notable stock movement with a 5% increase in its share price, reaching $5.86. The trading volume was approximately 3.67 million shares, with a turnover rate of 0.25% and a price fluctuation of 6.07%.
Recent financial reports reveal that Cemex achieved a revenue of $4.09 billion and a net profit of $211 million, translating to an earnings per share (EPS) of $0.28. The company's gross profit stood at $1.284 billion, with a price-to-earnings (P/E) ratio of 18.91.
In terms of institutional ratings, 76% of the 17 participating brokers recommended buying the stock, 18% advised holding, and 6% suggested selling.
Within the building materials sector, where Cemex operates, the overall growth was 0.53%. Other significant gainers in the sector included Captivision Inc C/Wts 11/15/2028 (To Pur Com) and ReTo Eco-Solutions, while Summit Materials, Inc., Captivision Inc., and Eagle Materials Inc remained active with respective turnover rates of 0.51%, 0.35%, and 0.25%. Notably, Captivision Inc., Cemex, and ReTo Eco-Solutions had the largest price fluctuations at 11.48%, 6.09%, and 5.54%, respectively.
Cemex is a ready-mix concrete company engaged in the construction industry. It focuses on producing, marketing, selling, and distributing cement, ready-mix concrete, aggregates, urbanization solutions, and building materials and services.
