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 down 1.4%. By the end of trading, America Movil S.A.B. de C.V fell $0.62 (-3.1%) to $19.47 on average volume. Throughout the day, 7,308,423 shares of America Movil S.A.B. de C.V exchanged hands as compared to its average daily volume of 7,259,800 shares. The stock ranged in price between $19.43-$20.24 after having opened the day at $20.20 as compared to the previous trading day's close of $20.09. Other companies within the Telecommunications industry that declined today were: Elephant Talk Communications ( ETAK), down 9.9%, Trunkbow International Holdings ( TBOW), down 9.2%, Oi ( OIBR), down 8.0% and Maxcom Telecomunicaciones S.A.B. de C.V ( MXT), down 6.6%.
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America Movil, S.A.B. de C.V. provides telecommunications services in the United States, Latin America, and the Caribbean. It offers mobile and fixed voice services, including airtime, local, long-distance services, public telephony services, and network interconnection services. America Movil S.A.B. de C.V has a market cap of $76.1 billion and is part of the technology sector. The company has a P/E ratio of 11.2, below the S&P 500 P/E ratio of 17.7. Shares are down 13.2% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate America Movil S.A.B. de C.V a buy, 1 analyst rates it a sell, and 6 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 revenue growth, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and a generally disappointing performance in the stock itself.

On the positive front, InfoSonics Corporation ( IFON), down 11.7%, iPass ( IPAS), down 9.2%, Linktone ( LTON), down 5.2% and On Track Innovations ( OTIV), down 3.3%.

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).

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