NEW YORK ( TheStreet) -- Telephones of Mexico (NYSE: TMX) is trading at unusually high volume Tuesday with 4.1 million shares changing hands. It is currently at 4.2 times its average daily volume and trading up $1.56 (+9.6%) at $17.83 as of 11:17 a.m. ET.

Telephones of Mexico has a market cap of $14.6 billion and is part of the technology sector and telecommunications industry. Shares are up 0.8% year to date as of the close of trading on Monday.

Telefonos de Mexico, S.A.B. de C.V. provides telecommunications services primarily in Mexico. It offers local telephone service; domestic and international long distance services; and interconnection services to long-distance, local, and mobile phone carriers. The company has a P/E ratio of 95.1, above the average telecommunications industry P/E ratio of 12.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Telephones of Mexico as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and weak operating cash flow. You can view the full Telephones of Mexico Ratings Report.

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