Previous Close | 17.75 |
Open | 17.58 |
Bid | 0.00 x 1800 |
Ask | 0.00 x 1400 |
Day's Range | 17.57 - 18.33 |
52 Week Range | 16.00 - 23.07 |
Volume | |
Avg. Volume | 1,399,501 |
Market Cap | 57.349B |
Beta (5Y Monthly) | 0.28 |
PE Ratio (TTM) | 12.75 |
EPS (TTM) | 1.43 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.53 (3.00%) |
Ex-Dividend Date | Nov 09, 2023 |
1y Target Est | 22.15 |
Mexican telecommunications giant America Movil said it is investing in 5G across its markets as it remains on track to implement its $7.1 billion capital expenditure plan set for this year. The company had in February warned of reduced spending following years of significant output on buying spectrum and refreshing its network infrastructure. This comes a day after America Movil showed first quarter net profit down 55% year on year, weighed by a stronger peso and lack of extraordinary income from selling cell phone towers, as it had done in the same quarter a year earlier.
MEXICO CITY (Reuters) -Mexican telecommunications giant America Movil said it is investing in 5G across its markets as it remains on track to implement its $7.1 billion capital expenditure plan set for this year. The company had in February warned of reduced spending following years of significant output on buying spectrum and refreshing its network infrastructure. This comes a day after America Movil showed first quarter net profit down 55% year on year, weighed by a stronger peso and lack of extraordinary income from selling cell phone towers, as it had done in the same quarter a year earlier.
America Movil's (AMX) first-quarter 2024 results are affected by softness in the Equipment business.