America Movil SAB de CV (NASDAQ:AMOV) was upgraded by research analysts at UBS AG from an “underperform” rating to a “market perform” rating in a report released on Friday, The Fly reports.

Separately, BidaskClub raised America Movil SAB de CV from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 18th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold”.

Shares of America Movil SAB de CV (AMOV) traded up 2.39% during mid-day trading on Friday, hitting $18.03. The stock had a trading volume of 16,260 shares. The stock has a market cap of $59.28 billion and a price-to-earnings ratio of 22.54. The firm’s 50-day moving average price is $18.06 and its 200 day moving average price is $16.54. America Movil SAB de CV has a 12-month low of $10.83 and a 12-month high of $18.89.

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An institutional investor recently bought a new position in America Movil SAB de CV stock. Brighton Jones LLC acquired a new position in shares of America Movil SAB de CV (NASDAQ:AMOV) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 25,792 shares of the company’s stock, valued at approximately $405,000.

America Movil SAB de CV Company Profile

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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