Operadora de Sites Mexicanos (OTC:OPMXF) Trading Down 1.6% – Here’s What Happened

Operadora de Sites Mexicanos, S.A.B. de C.V. (OTC:OPMXF) traded down 1.6% during trading on Friday . The stock traded as low as $0.7889 and last traded at $0.7889. 7,986 shares traded hands during trading, a decline of 45% from the average session volume of 14,630 shares. The stock had previously closed at $0.8014.

Wall Street Analyst Weigh In

Separately, Scotiabank raised shares of Operadora de Sites Mexicanos from an “underperform” rating to a “sector perform” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Operadora de Sites Mexicanos Stock Down 1.6%

The firm has a 50 day moving average of $0.88 and a two-hundred day moving average of $0.91.

Operadora de Sites Mexicanos Company Profile

Operadora de Sites Mexicanos, SAB. de C.V. engages in building, installing, maintaining, operating, leasing, and marketing of various types of towers and other support structures for the telecommunications sector in Mexico. It provides construction services comprises selection and acquisition of the property, and installation and operation of equipment, as well as physical spaces and other non-electronic elements for the installation of service networks.