BidaskClub lowered shares of America Movil SAB de CV (NASDAQ:AMOV) from a buy rating to a hold rating in a report released on Thursday morning.

Shares of America Movil SAB de CV (NASDAQ AMOV) opened at 17.75 on Thursday. America Movil SAB de CV has a 12-month low of $10.83 and a 12-month high of $18.89. The stock’s 50 day moving average price is $18.26 and its 200-day moving average price is $16.05. The firm has a market capitalization of $58.36 billion and a P/E ratio of 22.19.

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A hedge fund recently bought a new stake in America Movil SAB de CV stock. Brighton Jones LLC acquired a new stake in America Movil SAB de CV (NASDAQ:AMOV) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 25,792 shares of the company’s stock, valued at approximately $405,000.

About America Movil SAB de CV

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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