Operadora de Sites Mexicanos (OTC:OPMXF) Trading Up 2.8% – Should You Buy?

Operadora de Sites Mexicanos, S.A.B. de C.V. (OTC:OPMXF) was up 2.8% on Thursday . The stock traded as high as $0.9539 and last traded at $0.9453. Approximately 3,843 shares changed hands 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.

Analysts Set New Price Targets

Separately, Scotiabank raised shares of Operadora de Sites Mexicanos from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, November 25th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Operadora de Sites Mexicanos presently has a consensus rating of “Hold”.

Operadora de Sites Mexicanos Stock Performance

The company’s 50-day moving average is $0.85 and its 200 day 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.