America Movil S.A.B. De C.V Rises On Unusually High Volume (AMX)
America Movil S.A.B. de C.V (NYSE:AMX) is trading at unusually high volume Thursday with 19 million shares changing hands. It is currently at two times its average daily volume and trading up 82 cents (+4.3%).
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. NEW YORK ( TheStreet) -- America Movil S.A.B. de C.V (NYSE: AMX) is trading at unusually high volume Thursday with 19 million shares changing hands. It is currently at two times its average daily volume and trading up 82 cents (+4.3%) at $19.85 as of 3:41 p.m. ET.
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America Movil S.A.B. de C.V has a market cap of $70.24 billion and is part of the technology sector and telecommunications industry. Shares are down 18.4% year to date as of the close of trading on Wednesday. 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. The company has a P/E ratio of 10.3, below the S&P 500 P/E ratio of 17.7. 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 growth in earnings per share. 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. You can view the full America Movil S.A.B. de C.V Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.