America Movil S.A.B. de C.V. (NYSE:AMX) went down by -5.16% from its latest closing price compared to the recent 1-year high of $22.65. The company’s stock price has collected -2.78% of loss in the last five trading sessions. The Wall Street Journal reported on 09/14/20 that Verizon to Buy TracFone in Deal Valued at Nearly $7 Billion
Is It Worth Investing in America Movil S.A.B. de C.V. (NYSE :AMX) Right Now?
America Movil S.A.B. de C.V. (NYSE:AMX) scored a price-to-earnings ratio above its average ratio, recording 14.72 x from its present earnings ratio. Plus, the 36-month beta value for AMX is at 0.85. Opinions of the stock are interesting as 6 analysts out of 22 who provided ratings for America Movil S.A.B. de C.V. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 14 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $438.41, which is $4.25 above the current price. AMX currently public float of 22.77M and currently shorts hold a 31.49% ratio of that float. Today, the average trading volume of AMX was 2.35M shares.
AMX’s Market Performance
AMX stocks went down by -2.78% for the week, with a monthly drop of -13.06% and a quarterly performance of -8.09%, while its annual performance rate touched 6.70%. The volatility ratio for the week stands at 3.10% while the volatility levels for the past 30 days are set at 2.62% for America Movil S.A.B. de C.V. The simple moving average for the period of the last 20 days is -6.30% for AMX stocks with a simple moving average of -8.37% for the last 200 days.
Analysts’ Opinion of AMX
Many brokerage firms have already submitted their reports for AMX stocks, with JP Morgan repeating the rating for AMX by listing it as a “Neutral.” The predicted price for AMX in the upcoming period, according to JP Morgan is $21 based on the research report published on March 18th of the current year 2022.
Itau BBA gave a rating of “Market Perform” to AMX, setting the target price at $19 in the report published on October 06th of the previous year.
AMX Trading at -10.41% from the 50-Day Moving Average
After a stumble in the market that brought AMX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.24% of loss for the given period.
Volatility was left at 2.62%, however, over the last 30 days, the volatility rate increased by 3.10%, as shares sank -11.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.89% lower at present.
During the last 5 trading sessions, AMX fell by -2.78%, which changed the moving average for the period of 200-days by +0.96% in comparison to the 20-day moving average, which settled at $18.92. In addition, America Movil S.A.B. de C.V. saw -15.49% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for AMX
Current profitability levels for the company are sitting at:
- +19.96 for the present operating margin
- +41.13 for the gross margin
The net margin for America Movil S.A.B. de C.V. stands at +8.27.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.76.