Don’t Let Fear Of Missing Out Drive Investment Decisions: CEMEX, S.A.B. de C.V. (CX), Scorpio Tankers Inc. (STNG)

CEMEX, S.A.B. de C.V. (NYSE:CX) is still -70.88% behind the $8.51 high touched on 2018-01-25. Even though its shares witnessed a 11.41% increase from the 52-week low price of $4.47 they recorded on 2018-11-23. The price recently went up by $0.09 now trading at $4.98. The last few days have been good for the stock, as its price has grew by 1.22% during the week. It has also performed poorly over the past three months, as it lost around -26.44% while it has so far retreated around -31.69% during the course of a year. The stock of CX recorded -33.6% downtrend from the beginning of this year till date. The 12-month potential price target for CEMEX, S.A.B. de C.V. is set at $9.17. This target means that the stock has an upside potential to increase by 84.14% from the current trading price.

When giving their opinion, around 68.75% of Wall Street analysts, which represents 11 out of 16 rated the stock as a Buy. 5 brokerage firms of the remaining 31.25% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate CX shares held by institutional investors represents 37% of total shares. 36 institutions entered new CEMEX, S.A.B. de C.V. (NYSE:CX) positions, 117 added to their existing positions in these shares, 128 lowered their positions, and 29 exited their positions entirely.

CEMEX, S.A.B. de C.V. (CX) trade volume has decreased by -0.64% as around 10,359,299 shares were sold when compared with its 50-day average volume of traded shares which is 10,425,930. At the moment, CX is witnessing a downtrend, as it is trading -1% below its 20-day SMA, -11.97% below its 50-day SMA, and -22.72% below its 200-day SMA. The company runs an ROE of roughly 5.1%, with financial analysts predicting that their earnings per share growth will be around 14.1% per annum for the next five year. This will be compared to the 22.3% increase witnessed over the past five years.

The first technical resistance point for CEMEX, S.A.B. de C.V. (NYSE:CX) will likely come at $5.06, marking a 1.58% premium to the current level. The second resistance point is at $5.14, about 3.11% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $4.66, the lower end of the range. CX’s 14-day MACD is 0.1 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 44.39, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 47.69 percent, which is high when compared to that of the 50-day’s 46.92 percent.

The shares of Scorpio Tankers Inc. (NYSE:STNG) has decreased by -1.98%, and now trading at $1.98 on the Wall Street in the intra-day deal, with their shares traded now around 6,597,319. This is a rise of 642,633 shares over the average 5,954,686 shares that were traded daily over the last three months. The stock that is trading at $1.98 went higher by 33.78% from its 52-week low of $1.48 that it attained back on 2018-10-25. The stock recorded a 52-week high of $3.33 nearly 332 days ago on 2018-01-09.

STNG stock hasn’t performed well over the past 30 days, as it lost -1.98% while its price plunged by -35.08% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -4.81% over the last week. The stock’s 12-month potential target price is now at $3.19. This means that the stock price might likely increase by 61.11% from its current trading price.15 out of 16 Wall Street analysts which represents 93.75% rated the stock as a buy while the remaining 6.25 rated it as a hold, with 0 of analysts rating it as a sell.

Scorpio Tankers Inc. (NYSE:STNG) has been utilizing an ROE that is roughly -13.1%, with stock analysts predicting that the company’s EPS for the next five years will go down by 0% per year, following the -2.8% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 4.4% above its 20-day SMA, 5.43% above its 50-day SMA, and -12.71% below its 200-day SMA. In percentage terms, the aggregate Scorpio Tankers Inc. shares held by institutional investors is 43%. 20 institutions jumped in to acquire Scorpio Tankers Inc. (STNG) fresh stake, 60 added to their current holdings in these shares, 69 lowered their positions, and 30 left no stake in the company.

The stock’s 9-day MACD is 0.03 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 55.14, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 68.57 percent, which is less when compared to that of the 50-day’s 69.04 percent. On the daily chart, we see that the stock could reach the first level of resistance at $2.08, sporting a 4.81% premium to the current level. The next resistance point is at $2.17, representing nearly 8.76% premium to the current market price of Scorpio Tankers Inc. (STNG). On the other hand, failure to breach the immediate hurdles can drag it down to $1.75, the lower end of the range.