America Movil S.A.B. De C.V. ADR (AMX): Today's Featured Telecommunications Loser
America Movil S.A.B. de C.V. ADR
(
) pushed the Telecommunications industry lower today making it today's featured Telecommunications loser. The industry as a whole closed the day down 0.6%. By the end of trading, America Movil S.A.B. de C.V. ADR fell 61 cents (-2.7%) to $22.17 on light volume. Throughout the day, 3.8 million shares of America Movil S.A.B. de C.V. ADR exchanged hands as compared to its average daily volume of 5.8 million shares. The stock ranged in price between $21.95-$22.88 after having opened the day at $22.67 as compared to the previous trading day's close of $22.78. Other company's within the Telecommunications industry that declined today were:
(
), down 6.5%,
(
), down 6.1%,
(
), down 5.8%, and
(
), down 5.5%.
America Movil, S.A.B. de C.V. and its subsidiaries provide wireless, fixed line voice, broadband, pay television (TV), and directory products and services. America Movil S.A.B. de C.V. ADR has a market cap of $78.17 billion and is part of the
sector. The company has a P/E ratio of 12.7, below the average telecommunications industry P/E ratio of 15.3 and below the S&P 500 P/E ratio of 17.7. Shares are down 20.5% year to date as of the close of trading on Wednesday.
TheStreet Ratings rates America Movil S.A.B. de C.V. ADR as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, compelling growth in net income, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full America Movil S.A.B. de C.V. ADR Ratings Report.
On the positive front,
(
), up 8.3%,
Trunkbow International Holdings
(
), up 6.7%,
(
), up 6.1%, and
(
), up 5.5%, were all gainers within the telecommunications industry with
(
) being today's featured telecommunications industry winner.
- Use our telecommunications section to find industry-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 telecommunications industry could consider
(
) while those bearish on the telecommunications industry could consider
ProShares Ult Sht Telecommunication
(
).
- Find other investment ideas from our top rated ETFs lists.
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