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Fomento Economico Mexicano S.A.B. De C.V. Stock 9.31% Up Today

ViaNews Editorial Team

February 16, 2023

Fomento Economico Mexicano S.A.B. De C.V. Stock 9.31% Up Today

(VIANEWS) - The NYSE ended the session with Fomento Economico Mexicano S.A.B. de C.V. (FMX) jumping 9.31% to $94.88 on Thursday while NYSE fell 0.75% to $15,895.20.

Fomento Economico Mexicano S.A.B. de C.V.'s last close was $86.80, 1.23% under its 52-week high of $87.88.

About Fomento Economico Mexicano S.A.B. de C.V.

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is involved in the production and distribution of chillers, commercial refrigeration equipment, plastic boxes, food processing, and preservation and weighing equipment; and provision of logistic transportation, distribution and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables. As of December 31, 2021, it operated 20,431 OXXO stores; 3,652 drugstores; and 567 OXXO GAS service stations. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is based in Monterrey, Mexico.

Earnings Per Share

As for profitability, Fomento Economico Mexicano S.A.B. de C.V. has a trailing twelve months EPS of $-0.27.

The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 12.66%.

Growth Estimates Quarters

The company's growth estimates for the present quarter and the next is 180% and 38.5%, respectively.

Volatility

Fomento Economico Mexicano S.A.B. de C.V.'s last week, last month's, and last quarter's current intraday variation average was a positive 0.23%, a negative 0.07%, and a positive 1.04%.

Fomento Economico Mexicano S.A.B. de C.V.'s highest amplitude of average volatility was 1.31% (last week), 1.06% (last month), and 1.04% (last quarter).

More news about Fomento Economico Mexicano S.A.B. de C.V. (FMX).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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