The market has been high on America Movil SAB de CV ADR Class A (AMOV) stock recently. AMOV gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Recent trends are a good indator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With AMOV Stock Today?
America Movil SAB de CV ADR Class A (AMOV) stock has fallen -0.64% while the S&P 500 has risen 0.64% as of 10:45 AM on Friday, Aug 7. AMOV is lower by -$0.08 from the previous closing price of $12.58 on volume of 31,461 shares. Over the past year the S&P 500 is higher by 16.13% while AMOV is lower by -10.20%. AMOV earned $0.34 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 37.05.
To see InvestorsObserver's Sentiment Score for America Movil SAB de CV ADR Class A click here.
More About America Movil SAB de CV ADR Class A
America Movil SAB de CV is the largest telecom carrier in Latin America, serving about 280 million wireless customers across the region. It also provides fixed-line phone, Internet access, and television services in most of the countries it serves. Mexico is the firm's largest market, providing about 30% of revenue. Movil dominates the Mexican wireless market with about 63% customer share and also serves about half of fixed-line Internet access customers in the country. Brazil, its second most important market, provides about 20% of revenue. Movil operates a low-margin wireless resale business in the U.S. under the Tracfone and Straight Talk brands, accounting for 15% of revenue.
