America Movil S.A.B.DE C.V. ADR (AMX) Shares Decline Despite Market Challenges

The stock of America Movil S.A.B.DE C.V. ADR (NYSE: AMX) has decreased by -1.28 when compared to last closing price of 15.26.Despite this, the company has seen a loss of -5.07% in its stock price over the last five trading days. prnewswire.com reported 2024-10-30 that New offering combines advanced Microsoft 365 risk assessment capabilities with expert security oversight, addressing the growing challenges of data protection in collaborative digital environments MIRAMAR, Fla., Oct. 30, 2024 /PRNewswire/ — Claro Enterprise Solutions, a single-source technology provider for growing organizations, announced the launch of its Collaboration Security Management solution in the inaugural session of its virtual summit “Shaping the Cyber-Physical Future: Trends, Challenges, and Opportunities for 2025.

Is It Worth Investing in America Movil S.A.B.DE C.V. ADR (NYSE: AMX) Right Now?

The price-to-earnings ratio for America Movil S.A.B.DE C.V. ADR (NYSE: AMX) is 22.49x, which is above its average ratio. Moreover, the 36-month beta value for AMX is 0.91. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 1 as “overweight,” 7 as “hold,” and 2 as “sell.”

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The public float for AMX is 3.11B and currently, short sellers hold a 0.15% of that float. On November 14, 2024, AMX’s average trading volume was 1.66M shares.

AMX’s Market Performance

AMX’s stock has seen a -5.07% decrease for the week, with a -10.17% drop in the past month and a -12.57% fall in the past quarter. The volatility ratio for the week is 2.74%, and the volatility levels for the past 30 days are at 2.51% for America Movil S.A.B.DE C.V. ADR. The simple moving average for the past 20 days is -5.97% for AMX’s stock, with a -14.35% simple moving average for the past 200 days.

Analysts’ Opinion of AMX

Many brokerage firms have already submitted their reports for AMX stocks, with Goldman repeating the rating for AMX by listing it as a “Buy.” The predicted price for AMX in the upcoming period, according to Goldman is $22 based on the research report published on April 29, 2024 of the current year 2024.

HSBC Securities gave a rating of “Buy” to AMX, setting the target price at $21.50 in the report published on October 20th of the previous year.

AMX Trading at -7.17% 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 -25.82% of loss for the given period.

Volatility was left at 2.51%, however, over the last 30 days, the volatility rate increased by 2.74%, as shares sank -11.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.85% lower at present.

During the last 5 trading sessions, AMX fell by -5.01%, which changed the moving average for the period of 200-days by -16.48% in comparison to the 20-day moving average, which settled at $16.02. In addition, America Movil S.A.B.DE C.V. ADR saw -18.66% 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:

  • 0.22 for the present operating margin
  • 0.48 for the gross margin

The net margin for America Movil S.A.B.DE C.V. ADR stands at 0.04. The total capital return value is set at 0.14. Equity return is now at value 9.94, with 2.30 for asset returns.

Based on America Movil S.A.B.DE C.V. ADR (AMX), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at 1.14. The interest coverage ratio of the stock is 3.1.

Currently, EBITDA for the company is 324.02 billion with net debt to EBITDA at 2.38. When we switch over and look at the enterprise to sales, we see a ratio of 2.07. The receivables turnover for the company is 3.49for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.72.

Conclusion

To wrap up, the performance of America Movil S.A.B.DE C.V. ADR (AMX) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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