New York, NY -- (ReleaseWire) -- 02/14/2013 --Cemex SAB de CV (NYSE:CX) stock is at $10.99, up 3.05 percent from its previous close of $10.67. The stock shows bullish trend as it made the up move with trading volume of 14.193 million shares, in contrast to the average daily trading volume of 12.924 million shares. Its bullish trend is further confirmed by its MACD chart and the stock is also trading higher than its 6 days EMA of $10.69. The stock may go as high as $11.15 in its coming trading sessions.
Cemex reported its fourth quarter net loss at $489 million, down from $761 million in net loss it had incurred for the corresponding quarter of the last year.
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MEMC Electronic Materials Inc. (NYSE:WFR) opened at $4.87 and oscillated in the range of $4.79 and $5.04 in the latest trading session. It is currently at $4.99, up 3.53 percent from its previous close of $4.82. MEMC Electronic Materials shows bullish trend and the stock’s first resistance level is at $5.13. Upon breaching this level, the stock may touch $5.36. On the downside, it may slip to $4.81.
MEMC Electronic Materials reported its fourth quarter adjusted earnings at 8 cents per share.
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