• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 442391 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1417012883 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1417012883 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Cemex SAB de CV's Shares Changing Hands at Higher Prices on 1.6x Above-Average Volume (CX)

Published on Thu, 02/14/2013 - 14:13
By Peter Chu

Shares of Cemex SAB de CV are trading up 2.5% to $10.94 today on above average volume. Today's volume of 23.0 million shares tops the average 30-day volume of 14.1 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

Over the past year, Cemex SAB de CV has traded in a range of $4.94 to $11.20 and is now at $10.94, 121% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.6%.

Cemex SAB de C.V. produces, distributes, and markets cement, ready-mix concrete, aggregates, and clinker.

Cemex SAB de CV (NYSE:CX) has potential upside of 10.9% based on a current price of $10.94 and analysts' consensus price target of $12.13. The stock should discover initial support at its 50-day moving average (MA) of $10.09 and subsequent support at its 200-day MA of $8.09.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Analyst Rating In Review: Western Union ...

A week ago, Standpoint Research downgraded Western Union from Buy to Hold. The shares ...

Shares of Hertz Global Rank the Highest ...

We looked at the Trucking industry and measured relative performance to find the top st ...

First Niagara Financial Group has the Be...

Below are the top five companies in the Thrifts & Mortgage Finance industry as measured ...

AK Steel Holding is Among the Companies ...

Here are the top 5 stocks in the Steel industry ranked by performance. We compiled the ...

Build-A-Bear Workshop is Among the Compa...

We looked at the Specialty Stores industry and measured relative performance to find th ...

Relatively Good Performance Detected in ...

Below are the top five companies in the Specialized REITs industry as measured by relat ...

Encore Capital Group is Among the Compan...

We looked at the Specialized Finance industry and measured relative performance to find ...

Shares of Dr Pepper Snapple Rank the Hig...

We looked at the Soft Drinks industry and measured relative performance to find the top ...