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CEMEX, S.A.B. de C.V. (CEMEXCPO.MX)

Mexico - Mexico Delayed price. Currency in MXN
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14.22-0.13 (-0.91%)
At close: 01:59PM CST
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Previous close14.35
Open14.35
Bid14.20 x 63800
Ask14.22 x 8958700
Day's range14.18 - 14.51
52-week range10.29 - 15.30
Volume12,188,501
Avg. volume49,065,209
Market cap206.017B
Beta (5Y monthly)1.09
PE ratio (TTM)71.10
EPS (TTM)0.20
Earnings date25 Apr 2024
Forward dividend & yieldN/A (N/A)
Ex-dividend date13 Dec 2019
1y target est17.68
  • Business Wire

    Standard & Poor’s Upgrades Cemex to Investment Grade

    MONTERREY, Mexico, March 13, 2024--Rating agency Standard & Poor’s (S&P) announced today that it has upgraded Cemex’s long-term global scale issuer credit rating to Investment Grade (BBB-) due to its strong financial and operating performance, deleveraging strategy, and flexible capital allocation.

  • Reuters

    UPDATE 1-Mexico's Cemex recovers investment-grade rating from S&P

    Debt issued by Mexican cementmaker Cemex was upgraded to "BBB-" by S&P Global Ratings on Wednesday, pushing the firm one notch into investment-grade territory after more than a decade of languishing in the agency's speculative grade, or junk, status. The credit ratings agency emphasized in a statement that Cemex's business strategy provides "headroom for the company to sustain the investment-grade rating through business cycles." S&P added that Cemex's priorities for this year and next should include boosting core earnings, or earnings before interest, taxes, depreciation, and amortization (EBITDA), through margin expansion and acquisitions.

  • Reuters

    Cemex to start new cement-making method to cut costs, emissions

    Mexican cement maker Cemex will start using a new manufacturing method that will reduce its consumption of a key intermediary ingredient and cut carbon dioxide (CO2) emissions, the company said on Thursday. Scientists say the industry releases between 8% to 9% of global CO2 emissions per year, making it one of the biggest polluters. To address that, Cemex will begin a process of "micronizing," or finely grinding, its clinker, the heated mix of limestone and minerals that is an intermediary product in cement making, the company said.