America Movil SAB de CV (NASDAQ:AMOV) was downgraded by investment analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Friday.

America Movil SAB de CV (NASDAQ:AMOV) traded up 0.60% during midday trading on Friday, reaching $18.33. The company had a trading volume of 5,154 shares. America Movil SAB de CV has a one year low of $10.83 and a one year high of $18.89. The stock’s 50 day moving average is $18.08 and its 200 day moving average is $15.70. The company has a market capitalization of $60.26 billion and a PE ratio of 23.50.

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A hedge fund recently bought a new stake in America Movil SAB de CV stock. Brighton Jones LLC acquired a new stake in shares of America Movil SAB de CV (NASDAQ:AMOV) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 25,792 shares of the company’s stock, valued at approximately $405,000.

About America Movil SAB de CV

America Movil, SAB. de C.V. is a holding company. The Company provides telecommunications services. Its 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.

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