|Bid||3.8000 x 36900|
|Ask||3.8800 x 46000|
|Day's range||3.8000 - 3.9400|
|52-week range||1.5500 - 4.3700|
|Beta (5Y monthly)||1.15|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.10 (2.54%)|
|Ex-dividend date||13 Dec 2019|
|1y target est||4.34|
CX earnings call for the period ending June 30, 2020.
Shares of global cement giant CEMEX (NYSE: CX) rose 11% on July 27 following the company's second-quarter 2020 earnings update. CEMEX saw its sales drop 10% year over year in the second quarter, with EBITDA lower by 6%. Of note, the company's cost-cutting efforts allowed it to improve its EBITDA margin by 70 basis points.
As of 2:45 p.m. EDT today, U.S. Steel stock was still enjoying a very tidy 10.2% profit, Mexican concrete producer Cemex wasn't far behind with a 7.4% gain, and U.S. Concrete, a small-cap stock that most days isn't even a blip on most investors' radar, remained up 21.2%. President Donald Trump is directly responsible for all these stocks' gains, with reports today that he is once again pushing Congress to enact a $1 trillion infrastructure bill. From time to time over the last four years, President Trump has revived the idea of getting an infrastructure bill passed, each time unsuccessfully.