NEW YORK, November 23, 2016 /PRNewswire/ --
The Industrial Goods sector is extremely cyclical, following the S&P 500 almost identically. Companies in this sector are engaged in three kinds of business: commercial services, transportation services, and capital goods manufacturing and distribution. Today, Stock-Callers.com draws investors' attention to CEMEX S.A.B. de C.V. (NYSE: CX), CRH PLC (NYSE: CRH), Builders FirstSource Inc. (NASDAQ: BLDR), and Eagle Materials Inc. (NYSE: EXP) to see how they have fared at the last close. Learn more about these stocks by downloading their free research reports in PDF format at:
Mexico-based CEMEX S.A.B. de C.V.'s shares saw a slight drop of 0.76% and finished Tuesday's trading session at $7.83. A total volume of 8.38 million shares was traded. Since the start of this year, the stock has advanced 46.20%. The Company's shares are trading above their 200-day moving average by 10.07%. Moreover, shares of CEMEX, which produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, and other construction materials in Mexico and internationally, have a Relative Strength Index (RSI) of 45.12.
On November 14th, 2016, research firm HSBC Securities upgraded the Company's stock rating from 'Hold' to 'Buy'.
On November 18th, 2016, CEMEX announced that it has closed the sale of certain assets in the US to Grupo Cementos de Chihuahua, S.A.B. de C.V. ("GCC") for approximately US$306 million. The proceeds obtained from this transaction will be used mainly for debt reduction and for general corporate purposes. The assets sold by CEMEX in the US to GCC consist of CEMEX's cement plant in Odessa, Texas; two cement terminals and the building materials business in El Paso, Texas and Las Cruces, New Mexico. Sign up and read the free research report on CX at:
On Tuesday, shares in Dublin, Ireland headquartered CRH PLC recorded a trading volume of 1.69 million shares, which was above their three months average volume of 1.39 million shares. The stock ended the session 0.71% lower at $33.47. The Company's shares have gained 0.78% in the last one month, 2.24% in the previous three months and 18.97% on an YTD basis. The stock is trading 1.07% and 11.29% above its 50-day and 200-day moving averages, respectively. Furthermore, shares of CRH PLC, which through its subsidiaries, manufactures and distributes building materials, have an RSI of 50.35. The complimentary research report on CRH can be downloaded at:
Shares in Dallas, Texas-based Builders FirstSource Inc. closed the day at $11.42, rising 0.88%. The stock recorded a trading volume of 1.91 million shares, which was higher than its three months average volume of 1.21 million shares. The Company's shares have advanced 9.81% in the last month and 3.07% since the start of this year. The stock is trading 5.50% above its 50-day moving average and 2.14% above its 200-day moving average. Additionally, shares of Builders FirstSource, which manufactures and supplies building materials, manufactured components, and construction services to professional contractors, sub-contractors, and consumers in the US, have an RSI of 68.90.
On November 04th, 2016, Builders FirstSource announced that Peter Jackson has been named Senior Vice President and Chief Financial Officer. As CFO, Mr. Jackson will play a key role in helping the Company achieve its next level of growth and performance. He will replace Chad Crow as CFO, allowing Mr. Crow to focus on his role as President and Chief Operating Officer. Mr. Jackson joins Builders FirstSource from Lennox International, Inc., where he served in various senior financial roles, most recently VP and CFO - Refrigeration Segment.
Yesterday, research firm Seaport Global Securities initiated a 'Buy' rating on the Company's stock, issuing a target price of $16 per share. Register for free on Stock-Callers.com and access the latest report on BLDR at:
At the closing bell yesterday, shares in Dallas, Texas headquartered Eagle Materials Inc. ended 1.39% higher at $94.68. A total volume of 1.04 million shares was traded, which was above their three months average volume of 765,700 shares. The stock has advanced 18.60% in the last one month, 13.61% over the previous three months and 57.31% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 16.79% and 24.78%, respectively. Furthermore, shares of Eagle Materials, which produces and sells construction products and building materials for use in residential, industrial, commercial, and infrastructure construction in the US, have an RSI of 68.99.
On November 09th, 2016, research firm Standpoint Research downgraded the Company's stock rating from 'Buy' to 'Hold'.
On November 15th, 2016, Eagle Materials' Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on January 20th, 2017, to stockholders of record of its Common Stock at the close of business on December 23rd, 2016. Get free access to your research report on EXP at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA