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    AMX L   MXP001691213

AMÉRICA MÓVIL, S.A.B. DE C.V.

(AMX L)
  Report
End-of-day quote Mexican Stock Exchange  -  2022-11-28
18.64 MXN   -3.32%
11/28UBS Downgrades America Movil to Neutral From Buy, Adjusts Price Target to $22.50 From $20.40
MT
11/22America Móvil B De C : América Móvil proposes capital stock reclassification
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11/22Mexico's America Movil to propose combination of share series
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América Móvil Spinoff Sitios Latinoamérica Shares Fall in Market Debut

09/29/2022 | 12:32pm EST

By Anthony Harrup


MEXICO CITY - Shares of Sitios Latinoamérica SAB, the communications towers company spun off by América Móvil SAB, fell in its first day of trading on the Mexican stock exchange.

Sitios Latinoamérica shares priced at 16.51 Mexican pesos ($0.82) in a pre-market auction, and were down 30% at 11.60 pesos mid-morning. América Móvil shares priced at 17.45 pesos in the auction and were up 1.7% at 17.74 pesos.

Sitios Latinoamérica operates around 30,000 communications towers in 13 Latin American countries, with about 39% of them in Brazil. América Móvil spun off its Mexican towers in 2015.

Shareholders received one Sitios Latinoamérica share for each 20 América Móvil shares held.


Write to Anthony Harrup at anthony.harrup@wsj.com


(END) Dow Jones Newswires

09-29-22 1231ET

Stocks mentioned in the article
ChangeLast1st jan.
AMÉRICA MÓVIL, S.A.B. DE C.V. -3.32% 18.64 End-of-day quote.-14.06%
EURO / BRAZILIAN REAL (EUR/BRL) -0.69% 5.4145 Delayed Quote.-12.53%
All news about AMÉRICA MÓVIL, S.A.B. DE C.V.
11/28UBS Downgrades America Movil to Neutral From Buy, Adjusts Price Target to $22.50 From $..
MT
11/22America Móvil B De C : América Móvil proposes capital stock reclassification
PU
11/22Mexico's America Movil to propose combination of share series
RE
11/22America Móvil B De C : "América Móvil proposes capital stock reclassification" - Form 6-K
PU
11/22Analysis-Mexican companies could resort to more spinoffs to enhance market value
RE
10/23Tranche Update on América Móvil, S.A.B. de C.V. (BM..
CI
10/21America Móvil B De C : América Móvil's third quarter of 2022 financial and operating repor..
PU
10/20America Móvil B De C : Q3 2022 Transcript
PU
10/19Transcript : América Móvil, S.A.B. de C.V., Q3 2022 Earnings Call, Oct 19, 20..
CI
10/18America Móvil B De C : Q3 2022 Quarterly Report
PU
More news
Analyst Recommendations on AMÉRICA MÓVIL, S.A.B. DE C.V.
More recommendations
Financials
Sales 2022 858 B 44 247 M 44 247 M
Net income 2022 87 561 M 4 514 M 4 514 M
Net Debt 2022 475 B 24 495 M 24 495 M
P/E ratio 2022 13,7x
Yield 2022 3,30%
Capitalization 1 184 B 61 019 M 61 019 M
EV / Sales 2022 1,93x
EV / Sales 2023 1,87x
Nbr of Employees 178 399
Free-Float 45,0%
Chart AMÉRICA MÓVIL, S.A.B. DE C.V.
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América Móvil, S.A.B. de C.V. Technical Analysis Chart | MarketScreener
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Technical analysis trends AMÉRICA MÓVIL, S.A.B. DE C.V.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 18,64 MXN
Average target price 21,53 MXN
Spread / Average Target 15,5%
EPS Revisions
Managers and Directors
Daniel Hajj Aboumrad Chief Executive Officer & Director
Carlos José García Moreno Elizondo Chief Financial Officer
Carlos Slim Domit Chairman
David Antonio Ibarra Muñoz Independent Director
Pablo Roberto González Guajardo Independent Director
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