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America Movil (AMX) Catches Eye: Stock Jumps 7.7%

Zacks Equity Research
·2-min read

America Movil, S.A.B. de C.V. AMX was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $11.99 to $12.99 in the past one-month time frame.
 
The company's Zacks Consensus Estimate for the current quarter has moved higher over the past few weeks, suggesting that more solid trading could be ahead for America Movil. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

America Movil currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

America Movil, S.A.B. de C.V. Price

America Movil, S.A.B. de C.V. Price
America Movil, S.A.B. de C.V. Price

America Movil, S.A.B. de C.V. price | America Movil, S.A.B. de C.V. Quote

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To read this article on Zacks.com click here.
 
Zacks Investment Research