America Movil S.A.B. De C.V. (AMX): Today's Featured Technology Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day down 0.3%. By the end of trading, America Movil S.A.B. de C.V fell $0.29 (-1.4%) to $21.00 on average volume. Throughout the day, 5,988,267 shares of America Movil S.A.B. de C.V exchanged hands as compared to its average daily volume of 6,657,800 shares. The stock ranged in price between $20.88-$21.23 after having opened the day at $21.22 as compared to the previous trading day's close of $21.29. Other companies within the Technology sector that declined today were:
(
), down 15.1%,
(
), down 15.1%,
(
), down 14.8% and
(
), down 12.5%.
America Movil, S.A.B. de C.V. provides telecommunications services in the United States, Latin America, and the Caribbean. It offers mobile and fixed voice services, including airtime, local, long-distance services, public telephony services, and network interconnection services. America Movil S.A.B. de C.V has a market cap of $80.0 billion and is part of the telecommunications industry. Shares are down 8.9% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate America Movil S.A.B. de C.V a buy, 1 analyst rates it a sell, and 6 rate it a hold.
TheStreet Ratings rates
America Movil S.A.B. de C.V
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and a generally disappointing performance in the stock itself.
- You can view the full America Movil S.A.B. de C.V Ratings Report.
On the positive front,
(
), up 35.6%,
(
), up 16.7%,
(
), up 11.3% and
(
), up 10.7% , were all gainers within the technology sector with
(
) being today's featured technology sector leader.
- Use our technology section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider
(
) while those bearish on the technology sector could consider
ProShares Ultra Short Technology
(
).
- Find other investment ideas from our top rated ETFs lists.
null