On a relative basis, the stock has outperformed the S&P 500 by 0.23% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.46% in the last 1 week, and is up 4.61% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 2.94% and the 50-Day Moving Average is 0.97%.
America Movil S.A.B. de C.V. (NYSE:AMX): The stock opened at $12.56 on Friday but the bulls could not build on the opening and the stock topped out at $12.73 for the day. The stock traded down to $12.45 during the day, due to lack of any buying support eventually closed down at $12.48 with a loss of -1.19% for the day. The stock had closed at $12.63 on the previous day. The total traded volume was 2,096,340 shares.
The company Insiders own 1% of America Movil S.A.B. de C.V. shares according to the proxy statements. Institutional Investors own 5.67% of America Movil S.A.B. de C.V. shares.
America Movil, S.A.B. de C.V. (America Movil) is a holding company. The Company provides telecommunications services in 25 countries. It provides wireless, fixed-line, broadband and pay television services. The Companys segments include Mexico Wireless, Mexico Fixed-Line, Brazil, Colombia, Southern Cone, Andean Region, Central America, United States, Caribbean and Europe. Southern Cone includes Argentina, Chile, Paraguay and Uruguay. Andean Region includes Ecuador and Peru. Central America includes Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama. Caribbean includes the Dominican Republic and Puerto Rico. Europe includes Austria, Belarus, Bulgaria, Croatia, Macedonia, Serbia and Slovenia. The Company offers data services, including short message services (SMS), multimedia messaging service (MMS), mobile entertainment services, data-transmission, Internet browsing and e-mail services.