Let’s look at the key reasons that are pushing America Movil S.A.B.DE C.V. ADR (AMX) to new highs

America Movil S.A.B.DE C.V. ADR (NYSE: AMX) kicked off on Tuesday, down -0.79% from the previous trading day ,before settling in for the closing price of $19.09. Over the past 52 weeks, AMX has traded in a range of $15.99-$23.07.

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During the last 5-year period, the sales drop of Communication Services Sector giant was -2.29%. While this was happening, its average annual earnings per share was recorded 8.04%. With a float of $3.11 billion, this company’s outstanding shares have now reached $3.12 billion.

Let’s determine the extent of company efficiency that accounts for 176063 employees.

America Movil S.A.B.DE C.V. ADR (AMX) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Telecom Services Industry. The insider ownership of America Movil S.A.B.DE C.V. ADR is 0.01%, while institutional ownership is 6.41%.

America Movil S.A.B.DE C.V. ADR (AMX) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported $0.33 earnings per share (EPS), higher than consensus estimate (set at $0.29) by $0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.34 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 8.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.07% during the next five years compared to 10.52% growth over the previous five years of trading.

America Movil S.A.B.DE C.V. ADR (NYSE: AMX) Trading Performance Indicators

Take a look at America Movil S.A.B.DE C.V. ADR’s (AMX) current performance indicators. Last quarter, stock had a quick ratio of 0.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.28. Likewise, its price to free cash flow for the trailing twelve months is 12.57.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.34, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 2.01 in one year’s time.

Technical Analysis of America Movil S.A.B.DE C.V. ADR (AMX)

Looking closely at America Movil S.A.B.DE C.V. ADR (NYSE: AMX), its last 5-days average volume was 0.93 million, which is a drop from its year-to-date volume of 1.42 million. As of the previous 9 days, the stock’s Stochastic %D was 72.40%. Additionally, its Average True Range was 0.41.

During the past 100 days, America Movil S.A.B.DE C.V. ADR’s (AMX) raw stochastic average was set at 75.68%, which indicates a significant increase from 60.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.08% in the past 14 days, which was higher than the 23.31% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $18.52, while its 200-day Moving Average is $18.62. However, in the short run, America Movil S.A.B.DE C.V. ADR’s stock first resistance to watch stands at $19.30. Second resistance stands at $19.66. The third major resistance level sits at $19.88. If the price goes on to break the first support level at $18.71, it is likely to go to the next support level at $18.49. Now, if the price goes above the second support level, the third support stands at $18.13.

America Movil S.A.B.DE C.V. ADR (NYSE: AMX) Key Stats

The company with the Market Capitalisation of 58.89 billion has total of 3,125,000K Shares Outstanding. Its annual sales at the moment are 46,070 M in contrast with the sum of 4,297 M annual income. Company’s last quarter sales were recorded 11,450 M and last quarter income was 1,030 M.