America Movil Already 5% Down, Almost Six Hours Before The NASDAQ Open

(VIANEWS) – The NASDAQ opens in less than six hours and America Movil‘s pre-market value is already 5% down.

America Movil’s last close was $20.60, 8.73% under its 52-week high of $22.57.

The last session, NASDAQ finished with America Movil (AMOV) rising 1.63% to $20.60. NASDAQ dropped 0.58% to $11,787.27, after two sequential sessions in a row of losses, on what was a somewhat bearish trend exchanging session.

About America Movil

América Móvil, S.A.B. de C.V. provides telecommunications services in Latin America and internationally. The company offers wireless and fixed voice services, including local, domestic, and international long-distance services; and network interconnection services. It also provides data services, such as data centers, data administration, and hosting services to residential and corporate clients; value-added services, including 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. In addition, the company offers residential broadband services; IT solutions for small businesses and large corporations; and cable and satellite pay television subscriptions. Further, it sells equipment, accessories, and computers; and offers telephone directories, wireless security, call center, advertising, media, and software development services. Additionally, the company provides video, audio, and other media content through the Internet directly from the content provider to the end user. It sells its products and services under the Telcel, Telmex Infinitum, and A1 brands through a network of retailers and service centers to retail customers; and through sales force to corporate customers. As of December 31, 2021, the company had approximately 286.5 million wireless voice and data subscribers. América Móvil, S.A.B. de C.V. was incorporated in 2000 and is based in Mexico City, Mexico.

Earnings Per Share

As for profitability, America Movil has a trailing twelve months EPS of $1.16.

PE Ratio

America Movil has a trailing twelve months price to earnings ratio of 17.76. Meaning, the purchaser of the share is investing $17.76 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 22.78%.

Volume

Today’s last reported volume for America Movil is 1145 which is 67.08% below its average volume of 3181.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1.8%, now sitting on 871.29B for the twelve trailing months.

Moving Average

America Movil’s value is above its 50-day moving average of $19.30 and higher than its 200-day moving average of $18.94.

More news about America Movil (AMOV).

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