America Movil S.A.B. De C.V. (AMX): Today's Featured Telecommunications Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

America Movil S.A.B. de C.V ( AMX) pushed the Telecommunications industry lower today making it today's featured Telecommunications laggard. The industry as a whole closed the day up 0.3%. By the end of trading, America Movil S.A.B. de C.V fell 34 cents (-1.4%) to $23.29 on light volume. Throughout the day, 3.4 million shares of America Movil S.A.B. de C.V exchanged hands as compared to its average daily volume of 7.2 million shares. The stock ranged in price between $23.28-$23.74 after having opened the day at $23.47 as compared to the previous trading day's close of $23.63. Other companies within the Telecommunications industry that declined today were: Symmetricom ( SYMM), down 7.5%, WPCS International ( WPCS), down 7%, Internet Gold Golden Lines ( IGLD), down 6.3%, and Elephant Talk Communications ( ETAK), down 5.6%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

America Movil, S.A.B. de C.V. provides telecommunications services primarily in the United States, Latin America, and the Caribbean. The company offers mobile and fixed voice services, including airtime, local, long-distance, public telephony, and network interconnection services. America Movil S.A.B. de C.V has a market cap of $89.91 billion and is part of the technology sector. The company has a P/E ratio of 13.1, below the S&P 500 P/E ratio of 17.7. Shares are up 4.6% year to date as of the close of trading on Tuesday. Currently there are five analysts that rate America Movil S.A.B. de C.V a buy, two analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates America Movil S.A.B. de C.V as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and a generally disappointing performance in the stock itself.

On the positive front, Partner Communications Company ( PTNR), up 12.5%, EXFO ( EXFO), up 6%, ARC Group Worldwide ( ARCW), up 5.7%, and Alcatel-Lucent ( ALU), up 5.7%, were all gainers within the telecommunications industry with Telefonica Brasil S.A ( VIV) being today's featured telecommunications industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider iShares Dow Jones US Telecom ( IYZ) while those bearish on the telecommunications industry could consider ProShares Ult Sht Telecommunication ( TLL).

HOLIDAY SPECIAL: Let Jim Cramer show you every trade he is making in his $2.5 Million portfolio. Join now for 14-days FREE. Sign up today to get e-mail alerts before every trade.
null

If you liked this article you might like

Mexican Supreme Court Could Restore Revenue Stream for America Movil

Samsung Teams With America Movil in Latin America