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Technical Roundup on Select Technology Stocks -- America Movil, Telefonica, TIM Participacoes and OrangeNEW YORK, July 25, 2016 /PRNewswire/ -- Technology is the pillar of our digital era, and given its importance to daily living, demand remains strong. On Friday, stocks ended broadly higher, so this morning, Stock-Callers.com shifts its focus on the following equities to see how they have performed at the close last Friday: America Movil S.A.B. de C.V. (NYSE: AMX), Telefonica S.A. (NYSE: TEF), TIM Participacoes S.A. (NYSE: TSU), and Orange (NYSE: ORAN). Learn more about these stocks by accessing their free notes at: http://stock-callers.com/registration America Movil Last Friday, shares in Mexico City, Mexico-based America Movil S.A.B. de C.V. ended the session 1.64% lower at $12.57. The stock recorded a trading volume of 3.29 million shares. The Company's shares have advanced 4.35% in the last month and are trading 3.07% above their 50-day moving average. Moreover, shares of America Movil, which provides telecommunications services in Mexico and internationally, have a Relative Strength Index (RSI) of 55.56. On June 28th, 2016, Reuters reported that Puerto Rico Telephone Company and its parent company, America Movil of Mexico, will pay $1.1 million to resolve a U.S. investigation over foreign ownership levels as per the Federal Communications Commission announcement. The FCC said stock purchases of América Móvil by its billionaire owner Carlos Slim Helú and his family repeatedly exceeded the foreign ownership levels approved by the FCC. The companies have agreed to adopt compliance plans to prevent future stock purchases by the Slim family that would exceed foreign ownership limits without first receiving FCC approval. Visit us today and access our complete notes on AMX at: http://stock-callers.com/registration/?symbol=AMX
Madrid, Spain headquartered Telefonica S.A.'s shares rose 1.98%, to close the day at $9.78. The stock recorded a trading volume of 2.46 million shares, which was above its three months average volume of 1.57 million shares. The Company's shares are trading 0.75% below their 50-day moving average. Additionally, shares of Telefonica, which provides mobile and fixed communication services primarily in the European Union and Latin America, have an RSI of 53.20. On June 28th, 2016, research firm Goldman downgraded the Company's stock rating from 'Buy' to 'Neutral'. On July 11th, 2016, Bloomberg reported that Telefonica S.A. sold most of its stake in China Unicom (Hong Kong) Ltd. to raise about $355 million for debt reduction. The Spanish phone carrier sold a 1.5% stake in China Unicom, according to a regulatory filing. It said it will keep its remaining stake of about 1% and maintain a strategic alliance the companies formed in 2009. The stock sale gives Telefonica a chance to show credit-ratings agencies it is serious about improving its balance sheet. The complimentary notes on TEF can be accessed at:
Shares in Rio de Janeiro, Brazil headquartered TIM Participacoes S.A. recorded a trading volume of 1.10 million shares at the close of the last trading session, which was above their three months average volume of 986,300 shares. The stock ended the day 1.58% higher at $12.25. The Company's shares have advanced 22.75% in the last one month, 9.38% in the previous three months, and 48.29% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 18.71% and 27.06%, respectively. Furthermore, shares of TIM Participacoes, which through its subsidiaries, provides mobile telecommunication services in Brazil, have an RSI of 71.31. Register for free on Stock-Callers.com and access the latest notes on TSU at: http://stock-callers.com/registration/?symbol=TSU
Paris, France headquartered Orange's stock finished Friday's session 1.79% higher at $15.88 with a total volume of 343,089 shares traded. Shares of the Company, which provides a range of fixed telephony and mobile telecommunications, data transmission, and other value-added services to consumers, businesses, and other telecommunications operators worldwide, are trading below their 50-day moving average by 1.98%. The stock has an RSI of 49.25. On July 07th, 2016, Global chemical company Solvay announced that it has chosen Orange Business Services to manage and secure its fleet of 7,500 mobile devices and simplify mobility management. Headquartered in Brussels, Belgium and operating in 56 countries, Solvay needed a solution to securely manage its employees' growing use of smartphones and tablets worldwide. The Orange mobile device management (MDM) solution allows employees to securely access their corporate resources and collaborate effectively with their colleagues from any smartphone and any tablet. The solution also reduces and controls the cost associated with managing and supporting Solvay's heterogeneous fleet of devices, including iOS and Android, as well as both professional and personal devices. On July 19th, 2016, research firm Raymond James upgraded the Company's stock ratings from 'Market Perform' to 'Outperform'. Get free access to your notes on ORAN at: http://stock-callers.com/registration/?symbol=ORAN Stock Callers: Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. SC has not been compensated; directly or indirectly; for producing or publishing this document. PRESS RELEASE PROCEDURES: The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. NO WARRANTY SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. NOT AN OFFERING This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer/ CONTACT
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