Financial

Active Stocks To Observe: Cemex S.A.B. de C.V. (NYSE:CX), Ingersoll-Rand plc (Ireland) (NYSE:IR)

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Cemex S.A.B. de C.V. (NYSE:CX) initiated the shares trading at $6.76 and showed positive change of +1.35% while the stock’s final trade was registered at $ 6.78. However, its previous closing price was seen at $6.69. The stock negotiated total number of 10.72 million shares as compared to 3 months average volume of 10.65 million shares.

The stock price demonstrated downbeat change from its 50 day moving average of 6.30 and had been up from its 200 Day Moving Average of 5.92.

CEMEX, S.A.B. de C.V. (“CEMEX”) (CX) reported that U.S.$352,946,000 aggregate principal amount of the outstanding 9.375% Senior Secured Notes due 2022 issued by CEMEX Finance LLC (the “Notes”) were validly tendered by holders of the Notes at or previousto the early tender deadline of 8:00 a.m., New York City time, on July 14, 2016 (the “Early Tender Date”), pursuant to CEMEX’s before reported cash tender offer (the “Tender Offer”) to purchase up to U.S.$450,000,000 (the “Aggregate Maximum Tender Amount”) of the Notes. The Tender Offer is being made pursuant to the Offer to Purchase dated June 29, 2016 (the “Offer to Purchase”) and the related letter of transmittal.

CEMEX, S.A.B. de C.V.’s (CX) has price-to-cash ratio of 6.03 and price to sale ratio of 0.74. The company gross profit margin is 33.70%. A look on the firm performance, its monthly performance is 14.92% and a quarterly performance of -2.88%. The stock price is moving up from its 20 days moving average with 9.13% and isolated positively from 50 days moving average with 5.52%.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. One week ago, shares have been suggested as “BUY” from “2” brokerage firms and recommended as “Strong Buy” by “0” brokerage firms. 0” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “1.44” brokerage firms. “0” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 0 based on consensus of the brokerage firms issuing ratings.

Shares of Ingersoll-Rand plc (Ireland) (NYSE:IR) climbed +0.73% and ended at $68.01 greater than previous closing price of $67.52. The total 1.62 million shares were bought and sold throughout the most recent trading session less than average volume of 1.76 million shares.

The average true range of Ingersoll-Rand Plc’s (IR) is recorded at 1.25 and the relative strength index of the stock stands 63.23. The stock price is going above to its 52 week low with 45.98% and lagging above from its 52 week high with 0.26%. Analyst recommendation for this stock stands at 2.10. A look on the firm performance, its monthly performance is 6.83% and a quarterly performance of 7.32%. The stock price is trading upbeat from its 200 days moving average with 17.04% and up from 50 days moving average with 4.82%.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. One week ago, shares have been suggested as “BUY” from “5” brokerage firms and recommended as “Strong Buy” by “2” brokerage firms. 0” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “1.96” brokerage firms. “0” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 0 based on consensus of the brokerage firms issuing ratings.

 

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