It is trading at $16.86 slightly below $17.85, the 50 day moving average and which is a tad under the 200 day moving average of $16.89. The 50 day moving average was down $-0.99 whereas the 200 day moving average was down $-0.03 or -0.17%. (NYSE:AMOV) shares saw light trading volume with 5,511 shares changing hands on Tuesday. Overall, volume was down 38.71% under the stocks normal daily volume.
Traders are a little more bullish on shares of the company lately if you pay attention to the decrease in short interest. The firm had a fall in short interest between September 29, 2017 and October 13, 2017 of -1.83%. Short interest decreased 33 over that period. The short-interest ratio decreased to 0.0 and the percentage of shorted shares is 0.00% as of October 13.
Here are a few substantial investment firms who have updated their positions. As of the end of the quarter Northwestern Mutual Wealth Management Co had bought a total of 187 shares growing its stake by 9.7%. The value of the company’s investment in America Movil, S.A.B. de C.V. C increased from $27,000 to $33,000 a change of 22.2% quarter to quarter. As of quarter end Tower Research Capital LLC (trc) had acquired 500 shares growing its holdings by 500.0%. The value of the investment in (AMOV) went from $1,000 to $9,000 a change of $8,000 for the reporting period.
Ubs Group Ag grew its position by buying 584 shares an increase of 1,191.8%. Ubs Group Ag controls 633 shares with a value of $10,000. The value of the position overall is up by 900.0%. Eqis Capital Management, Inc. divested its stake by shedding 220 shares a decrease of 1.3% in the quarter. Eqis Capital Management, Inc. now holds 17,163 shares valued at $305,000. The total value of its holdings increased 11.7%.
The company is so far trading up since yesterday’s close of $16.86. Additionally America Movil, S.A.B. de C.V. C recently announced a dividend for shareholders that will be paid on Mon Nov 20, 2017. The dividend will be $0.080 per share for the quarter or $0.32 annualized. This dividend amount will represent a yield of $1.90. The ex-dividend date is Thursday the 26th of October 2017.
The most current P/E ratio is 22.78 and market cap is 55.43B.
America Movil, S.A.B. de C.V. (America Movil), launched on October 13, 2000, is a holding company. The Company provides telecommunications services in approximately 30 countries. Its 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 Business’s segments include Mexico Wireless, Mexico Fixed, Brazil, Colombia, Southern Cone, Andean Region, Central America, the Caribbean, the United States and Europe. The Business’s Mexico Wireless segment includes the operations of its subsidiary, Radiomovil Dipsa, S.A. de C.V. (Telcel). The Mexico Fixed segment includes the operations of its subsidiary, Telefonos de Mexico, S.A.B. de C.V. (Telmex). The Brazil segment consist of operations 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 operations of the Business’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 operations 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..