America Movil S.A.B.DE C.V. ADR (NYSE: AMX) is -1.89% lower on its value in year-to-date trading and has touched a low of $13.62 and a high of $20.31 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMX stock was last observed hovering at around $13.94 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $14.04, the stock is -1.22% and -4.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.64 million and changing 0.72% at the moment leaves the stock -16.44% off its SMA200. AMX registered -25.28% loss for a year compared to 6-month loss of -23.40%. The firm has a 50-day simple moving average (SMA 50) of $14.812 and a 200-day simple moving average (SMA200) of $16.82585.
The stock witnessed a -5.45% gain in the last 1 month and extending the period to 3 months gives it a -14.13%, and is -2.57% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.96% over the week and 2.59% over the month.
America Movil S.A.B.DE C.V. ADR (AMX) has around 176083 employees, a market worth around $42.97B and $47.11B in sales. Current P/E ratio is 20.96 and Fwd P/E is 9.19. Profit margin for the company is 4.45%. Distance from 52-week low is 3.05% and -30.87% from its 52-week high. The company has generated returns on investments over the last 12 months (4.03%).
The EPS is expected to shrink by -22.27% this year
The shares outstanding are 3.07B, and float is at 3.06B with Short Float at 0.23%.
The top institutional shareholder in the company is CAPITAL INTERNATIONAL INVESTORS with over 65.89 million shares valued at $1.12 billion. The investor’s holdings represent 0.106 of the AMX Shares outstanding. As of 2024-06-30, the second largest holder is JPMORGAN CHASE & CO with 1.59 million shares valued at $26.98 million to account for 0.0489 of the shares outstanding. The other top investors are INVESCO LTD. which holds 21.14 million shares representing 0.034 and valued at over $359.45 million, while WESTWOOD GLOBAL INVESTMENTS, LLC holds 0.023 of the shares totaling 14.3 million with a market value of $243.08 million.
