Operadora de Sites Mexicanos (OTCMKTS:OPMXF) Trading Up 0.5% – Still a Buy?

Operadora de Sites Mexicanos, S.A.B. de C.V. (OTCMKTS:OPMXF)’s share price traded up 0.5% during mid-day trading on Tuesday . The company traded as high as $0.99 and last traded at $0.9687. 47,927 shares traded hands during mid-day trading, an increase of 738% from the average session volume of 5,717 shares. The stock had previously closed at $0.9639.

Analysts Set New Price Targets

Separately, Scotiabank raised shares of Operadora de Sites Mexicanos from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy”.

Operadora de Sites Mexicanos Stock Performance

The company’s 50-day simple moving average is $0.90 and its 200 day simple moving average is $0.87.

Operadora de Sites Mexicanos Company Profile

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.