In today’s session America Movil SAB de CV (ADR) (AMX) registered an unusually high (4,242) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious AMX increase. With 4,242 contracts traded and 2714 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: AMX161118C00013000 closed last at: $0.5 or 0% . About 1.03M shares traded hands. America Movil SAB de CV (ADR) (NYSE:AMX) has declined 16.42% since March 31, 2016 and is downtrending. It has underperformed by 18.94% the S&P500.
America Movil SAB de CV (ADR) (NYSE:AMX) Ratings Coverage
Out of 9 analysts covering America Movil S.A.B. (NYSE:AMX), 2 rate it a “Buy”, 2 “Sell”, while 5 “Hold”. This means 22% are positive. America Movil S.A.B. has been the topic of 17 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The company was upgraded on Thursday, December 17 by JP Morgan. The stock of America Movil SAB de CV (ADR) (NYSE:AMX) has “Equalweight” rating given on Monday, July 18 by Barclays Capital. The stock has “Neutral” rating given by Bank of America on Thursday, April 28. The stock of America Movil SAB de CV (ADR) (NYSE:AMX) has “Sell” rating given on Thursday, April 28 by Citigroup. On Monday, October 12 the stock rating was maintained by Barclays Capital with “Equal-Weight”. As per Friday, December 11, the company rating was upgraded by Morgan Stanley. The firm has “Neutral” rating by Credit Suisse given on Monday, December 7. The firm earned “Underperform” rating on Wednesday, October 21 by RBC Capital Markets. As per Tuesday, January 26, the company rating was upgraded by Morgan Stanley. Citigroup upgraded the stock to “Neutral” rating in Friday, October 28 report.
According to Zacks Investment Research, “American Movil is the leading provider of wireless communications services in Mexico. Through their subsidiary RadiomÃ³vil Dipsa, which operates under the trademark Telcel, they provide cellular telecommunications service in all nine regions in Mexico, with a network covering approximately 31.4% of the geographical area of Mexico, including all major cities, and approximately 89.6% of Mexico ‘s population.”
America Movil, S.A.B. de C.V. is a holding company. The company has a market cap of $41.68 billion. The Firm provides telecommunications services. It has a 27.04 P/E ratio. The Company’s services include mobile and fixed-line voice services, wireless and fixed data services, Internet access and pay television, sales of equipment, accessories and computers, as well as other related services.
AMX Company Profile
America Movil, S.A.B. de C.V. (America Movil), incorporated on October 13, 2000, is a holding company. The Firm provides telecommunications services in approximately 30 countries. The Company’s telecommunications services include mobile and fixed-line voice services, wireless and fixed data services, Internet access and pay television, sales of equipment, accessories and computers, as well as other related services. The Company’s divisions include Mexico Wireless, Mexico Fixed, Brazil, Colombia, Southern Cone, Andean Region, Central America, the Caribbean, the United States and Europe. The Company’s Mexico Wireless segment includes the activities of its subsidiary, Radiomovil Dipsa, S.A. de C.V. (Telcel). The Mexico Fixed segment includes the activities of its subsidiary, Telefonos de Mexico, S.A.B. de C.V. (Telmex). The Brazil segment consist of activities of its subsidiaries, including Claro S.A. (Claro Brasil), Americel S.A. (Americel), Embratel Tvsat Telecomunicacoes S.A. (Claro TV) and Star One S.A. (Star One). The Colombia segment includes activities of the Company’s subsidiaries, Comunicacion Celular S.A. (Comcel) and Telmex Colombia S.A. (Telmex Colombia). The Southern Cone segment includes Argentina, Chile, Paraguay and Uruguay. The Southern Cone segment consists of activities of its subsidiaries, including AMX Argentina S.A. (AMX Argentina), Telmex Argentina S.A. (Telmex Argentina), Claro Chile S.A. (Claro Chile), Claro Comunicaciones S.A. (Claro Comunicaciones), Claro Servicios Empresariales S.A. (Claro Servicios Empresariales), AMX Paraguay S.A. AMX Paraguay), AM Wireless Uruguay S.A. (AM Wireless Uruguay), Telstar S.A. and Flimay (Flimay). The Andean Region segment includes Ecuador and Peru.
More notable recent America Movil SAB de CV (ADR) (NYSE:AMX) news were published by: Fool.com which released: “Why America Movil SAB de CV (ADR) Stock Jumped” on October 28, 2016, also Marketwatch.com with their article: “America Movil SAB de CV ADR” published on October 16, 2009, Investorplace.com published: “Trade of the Day: America Movil SAB de CV (ADR) (AMX) Should Get a Debate Bump” on September 27, 2016. More interesting news about America Movil SAB de CV (ADR) (NYSE:AMX) were released by: Businesswire.com and their article: “Citi Appointed Successor Depositary Bank for AmÃ©rica MÃ³vil SAB de CV’s ADR …” published on September 13, 2016 as well as Nasdaq.com‘s news article titled: “America Movil SAB de CV – Adr (AMX): New Analyst Report from Zacks Equity …” with publication date: January 15, 2014.
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