America Movil S.A.B. de C.V ( AMX) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day up 0.8%. By the end of trading, America Movil S.A.B. de C.V rose $1 (4%) to $26.15 on average volume. Throughout the day, 6.6 million shares of America Movil S.A.B. de C.V exchanged hands as compared to its average daily volume of 5.8 million shares. The stock ranged in a price between $25.10-$26.25 after having opened the day at $25.40 as compared to the previous trading day's close of $25.15. Other companies within the Telecommunications industry that increased today were: Aware ( AWRE), up 64.4%, Ikanos Communications ( IKAN), up 15.5%, Telenav ( TNAV), up 10.4%, and Envivio ( ENVI), up 10.3%. 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 has a market cap of $86.27 billion and is part of the technology sector. The company has a P/E ratio of 14, below the S&P 500 P/E ratio of 17.7. Shares are up 11.2% year to date as of the close of trading on Thursday. Currently there are six analysts that rate America Movil S.A.B. de C.V a buy, one analyst rates it a sell, and five rate it a hold. TheStreet Ratings rates America Movil S.A.B. de C.V as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
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