America Movil SAB de CV ADR Series L (NYSE:AMX) was the target of unusually large options trading activity on Monday. Stock investors bought 1,222 put options on the stock. This represents an increase of 1,258% compared to the average daily volume of 90 put options.

Separately, ValuEngine lowered shares of America Movil SAB de CV ADR Series L from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $17.67.

Institutional investors and hedge funds have recently modified their holdings of the business. Private Capital Group LLC lifted its holdings in America Movil SAB de CV ADR Series L by 417.6% in the second quarter. Private Capital Group LLC now owns 1,501 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 1,211 shares during the period. Quantamental Technologies LLC lifted its holdings in shares of America Movil SAB de CV ADR Series L by 177,800.0% during the second quarter. Quantamental Technologies LLC now owns 1,779 shares of the Wireless communications provider’s stock valued at $26,000 after purchasing an additional 1,778 shares during the last quarter. Valeo Financial Advisors LLC lifted its holdings in shares of America Movil SAB de CV ADR Series L by 110.4% during the second quarter. Valeo Financial Advisors LLC now owns 1,948 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 1,022 shares during the last quarter. HM Payson & Co. purchased a new position in shares of America Movil SAB de CV ADR Series L during the second quarter valued at approximately $36,000. Finally, JFS Wealth Advisors LLC lifted its holdings in shares of America Movil SAB de CV ADR Series L by 99.9% during the second quarter. JFS Wealth Advisors LLC now owns 3,120 shares of the Wireless communications provider’s stock valued at $45,000 after purchasing an additional 1,559 shares during the last quarter. Institutional investors and hedge funds own 6.94% of the company’s stock.

AMX traded down $0.12 on Tuesday, hitting $15.13. The company had a trading volume of 220,976 shares, compared to its average volume of 1,993,842. The company has a debt-to-equity ratio of 2.33, a current ratio of 0.66 and a quick ratio of 0.59. America Movil SAB de CV ADR Series L has a 52-week low of $12.00 and a 52-week high of $16.50. The stock has a fifty day simple moving average of $14.71 and a 200-day simple moving average of $14.60. The firm has a market capitalization of $50.44 billion, a P/E ratio of 18.98, a P/E/G ratio of 0.84 and a beta of 0.47.

America Movil SAB de CV ADR Series L (NYSE:AMX) last issued its quarterly earnings data on Tuesday, July 16th. The Wireless communications provider reported $0.22 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.09). America Movil SAB de CV ADR Series L had a return on equity of 26.07% and a net margin of 6.15%. The company had revenue of $13.08 billion during the quarter, compared to analysts’ expectations of $13.04 billion. Equities research analysts expect that America Movil SAB de CV ADR Series L will post 1.07 earnings per share for the current fiscal year.

America Movil SAB de CV ADR Series L Company Profile

América Móvil, SAB. de C.V. provides telecommunications services in Latin America, the United States, the Caribbean, and Europe. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services; and network interconnection services. It also provides data services, such as Internet access, messaging, and other wireless entertainment and corporate services; data transmission, email services, instant messaging, content streaming, and interactive applications; and wireless security services, mobile payment solutions, machine-to-machine services, mobile banking, virtual private network services, and video calls and personal communications services.

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