AMX Stock Summary and Trading Ideas (America Movil S.A.B. De C.V. American Depositary Shares (Each Representing The Right To Receive Twenty (20) Series B Shares | NYSE:AMX)

America Movil is the largest telecom carrier in Latin America, serving about 290 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 35% of service revenue. Movil dominates the Mexican wireless market with more than 60% 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 service revenue. Movil sold its low-margin wireless resale business in the US to Verizon in 2021 and now owns a 1.4% stake in the US telecom giant. The firm also holds a 60% stake in Telekom Austria.

America Movil S.A.B. De C.V. American Depositary Shares (Each Representing The Right To Receive Twenty (20) Series B Shares trades on the NYSE stock market under the symbol AMX.

As of March 13, 2025, AMX stock price climbed to $14.30 with 1,203,569 million shares trading.

AMX has a beta of 0.51, meaning it tends to be less sensitive to market movements. AMX has a correlation of 0.08 to the broad based SPY ETF.

AMX has a market cap of $43.55 billion. This is considered a Large Cap stock.

Last quarter America Movil S.A.B. De C.V. American Depositary Shares (Each Representing The Right To Receive Twenty (20) Series B Shares reported $12 billion in Revenue and $.15 earnings per share. This beat revenue expectation by $97 million and missed earnings estimates by -$.16.

In the last 3 years, AMX traded as high as $23.07 and as low as $13.63.

The top ETF exchange traded funds that AMX belongs to (by Net Assets): FVD, PID, AVEM, CGDG, DFAE.

AMX has underperformed the market in the last year with a return of -22.5%, while SPY returned +8.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AMX shares. However, AMX has outperformed the market in the last 3 month and 2 week periods, returning -3.7% and -1.9%, while SPY returned -8.0% and -6.8%, respectively. This indicates AMX has been having a stronger performance recently.

AMX support price is $14.02 and resistance is $14.56 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMX shares will trade within this expected range on the day.