TheStreet lowered shares of America Movil SAB de CV (NYSE:AMOV) from a b rating to a c+ rating in a research report report published on Monday, TheStreetRatingsTable reports.
AMOV opened at $13.10 on Monday. America Movil SAB de CV has a 1-year low of $10.72 and a 1-year high of $17.94. The company has a fifty day moving average price of $15.38 and a two-hundred day moving average price of $15.56.
A hedge fund recently raised its stake in America Movil SAB de CV stock. Raymond James Financial Services Advisors Inc. raised its stake in America Movil SAB de CV ADR (NYSE:AMOV) by 7.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 66,945 shares of the company’s stock after purchasing an additional 4,439 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in America Movil SAB de CV were worth $1,064,000 as of its most recent SEC filing.
About America Movil SAB de CV
América Móvil, SAB. de C.V. provides telecommunications services in Latin America, the United States, the Caribbean, and Europe. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It also provides data services, such as Internet access, messaging, and other wireless entertainment and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and wireless security services, mobile payment solutions, machine-to-machine services, mobile banking, virtual private network services, and video calls and personal communications services.
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