|Bid||4.3200 x 28000|
|Ask||4.3900 x 2900|
|Day's Range||4.3150 - 4.7000|
|52 Week Range||3.8200 - 9.0900|
|Beta (5Y Monthly)||1.09|
|PE Ratio (TTM)||24.50|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 13, 2019|
|1y Target Est||10.64|
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MONTERREY, Mexico, May 05, 2022--CEMEX is setting the goal for its Vertua low-carbon cement and concrete products of reaching more than half of all cement and concrete sales by 2025.
Image source: The Motley Fool. Cemex (NYSE: CX)Q1 2022 Earnings CallApr 28, 2022, 10:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning.
Mexico's Cemex reported a 13% increase in first-quarter sales on Thursday, amid strong demand and price hikes even as higher fuel and transport costs narrowed the cement maker's margins. Prices of cement produced by the company rose around 12% during the three-month period, and the firm expects more increases, Chief Executive Officer Fernando Gonzalez said during a call to discuss the results. Cemex, whose shares climbed as much as 9% before trimming gains, said it had raised cement prices in Mexico by 11% in April.