Operadora de Sites Mexicanos (OTC:OPMXF) Shares Up 2.8% – Here’s What Happened

Operadora de Sites Mexicanos, S.A.B. de C.V. (OTC:OPMXF) shares were up 2.8% on Thursday . The company traded as high as $0.9539 and last traded at $0.9453. Approximately 3,843 shares were traded during mid-day trading, a decline of 10% from the average daily volume of 4,278 shares. The stock had previously closed at $0.9192.

Analyst Upgrades and Downgrades

Separately, Scotiabank upgraded Operadora de Sites Mexicanos from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, November 25th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Operadora de Sites Mexicanos Price Performance

The stock’s 50-day simple moving average is $0.85 and its 200-day simple moving average is $0.88.

About Operadora de Sites Mexicanos

Operadora de Sites Mexicanos, SAB. de C.V. engages in building, installing, maintaining, operating, leasing, and marketing of various types of towers and other support structures for the telecommunications sector in Mexico. It provides construction services comprises selection and acquisition of the property, and installation and operation of equipment, as well as physical spaces and other non-electronic elements for the installation of service networks. The company also provides site construction services for braced towers, self-supporting towers, monopole towers, and masts.