America Movil S.A.B. de C.V. (AMX) has risen sharply, recording gains of 2.69% in the past 4 weeks. However, the stock has corrected -2.23% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.9% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.36% and the fifty day Moving Average is 1.59%. America Movil S.A.B. de C.V. has dropped 3.84% during the last three month period . Year-to-Date the stock performance stands at -14.79%.
America Movil S.A.B. de C.V. (AMX) stock is expected to deviate a maximum of $2.15 from the average target price of $15.43 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $19 and the most muted being $13.
America Movil S.A.B. de C.V. (NYSE:AMX): On Fridays trading session , Opening price of the stock was $12.07 with an intraday high of $12.28. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $11.72. However, the stock managed to close at $11.84, a loss of 1.50% for the day. On the previous day, the stock had closed at $12.02. The total traded volume of the day was 6,312,333 shares.
America Movil, S.A.B. de C.V. (America Movil) is a holding company. The Company provides telecommunications services in 25 countries. It provides wireless, fixed-line, broadband and pay television services. The Companys segments include Mexico Wireless, Mexico Fixed-Line, Brazil, Colombia, Southern Cone, Andean Region, Central America, United States, Caribbean and Europe. Southern Cone includes Argentina, Chile, Paraguay and Uruguay. Andean Region includes Ecuador and Peru. Central America includes Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama. Caribbean includes the Dominican Republic and Puerto Rico. Europe includes Austria, Belarus, Bulgaria, Croatia, Macedonia, Serbia and Slovenia. The Company offers data services, including short message services (SMS), multimedia messaging service (MMS), mobile entertainment services, data-transmission, Internet browsing and e-mail services.