Where Will Fomento Economico Mexcn SAB de CV ADR (FMX) Stock Go Next After It Is Higher By 4.46% in a Week?

Fomento Economico Mexcn SAB de CV ADR (FMX) stock has gained 4.46% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Fomento Economico Mexcn SAB de CV ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FMX!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator 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 FMX Stock Today?

Fomento Economico Mexcn SAB de CV ADR (FMX) stock is higher by 1.72% while the S&P 500 is lower by -0.71% as of 1:35 PM on Friday, Mar 15. FMX has risen $2.15 from the previous closing price of $125.28 on volume of 1,189,395 shares. Over the past year the S&P 500 has gained 31.40% while FMX has risen 47.44%. FMX earned $5.72 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 22.29. To screen for more stocks like Fomento Economico Mexcn SAB de CV ADR click here.

More About Fomento Economico Mexcn SAB de CV ADR

Based in Mexico, Femsa is a conglomerate with controlling interests in four entities: publicly traded Coca-Cola Femsa (47% economic interest and 56% voting interest), Femsa Comercio, logistics and distribution, and CB Equity. The latter has a roughly 15% stake in Heineken, while Comercio operates through three business units: proximity, which contains Oxxo, the largest small-format chain in the Americas, with convenience stores in Mexico and South America (including Brazil through a joint venture with Raizen); health, which operates pharmacies across a geographic footprint like Oxxo; and fuel, which operates retail service stations under franchisee arrangements in Mexico. Femsa is also building logistics services and specialized distribution in the United States. Click Here to get the full Stock Report for Fomento Economico Mexcn SAB de CV ADR stock.