Finance

Which stock Worth more Value? Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX)

Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX), ended its previous trading session at $95.31 showing a loss of -0.329999999999998 or -0.35 percent with respect to the price of $95.64 when stock market opened. The company traded 210644 shares over the course of the trading day. Giving the average volume of 417.79 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 341.72 Million.

Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX) is currently trading lower than its price target which is set to $111.02 by the analyst. The stock is -5.02% Below its 1-Year High which is $100.35. FMX has a difference of 12.33% from its 1 year low which stands at $84.85. The company is currently rated by analyst who are keeping a close eye on the stock as 2.3. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX) Performance Snapshot

The stock performed exceptionally bad in the previous week which depicts an decrease of 1.07 percent in the shares price. The company added about 0.62% in its share price over 1-Month. While taking about the performance of the stock over 1-year interval is 3.67 Percent. FMX currently shows 0.85% as its year to date performance.

Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX) Price Insight

The stock needs to grow about $15.71 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 1.96%, 1.4% and 1.84 percent respectively. The stock trades about 0.16 percent of its Float giving its total shares Outstanding are 341.72 Million. FMX gained about 12.05 percent in 6 months showing its Average True Range of 1.39. The company currently has a RSI and Beta of 55.27 and 0.52.

While talking about Fomento Economico Mexicano S.A.B. de C.V. (NYSE:FMX) valuation ratios, the stock trades with a P/S and P/B of 1.24 and 2.81 which is significantly better and attractive as compared to its peers.