Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Shares Gap Down – Should You Sell?
by Doug Wharley · The Cerbat GemWal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY – Get Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $33.45, but opened at $32.41. Wal-Mart de Mexico SAB de CV shares last traded at $33.80, with a volume of 31,618 shares.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on WMMVY shares. Morgan Stanley cut Wal-Mart de Mexico SAB de CV to an “underweight” rating in a research report on Wednesday. Barclays cut shares of Wal-Mart de Mexico SAB de CV from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 2nd. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Wal-Mart de Mexico SAB de CV presently has an average rating of “Reduce”.
Get Our Latest Analysis on Wal-Mart de Mexico SAB de CV
Wal-Mart de Mexico SAB de CV Stock Down 0.5%
The company has a debt-to-equity ratio of 0.37, a current ratio of 0.95 and a quick ratio of 0.34. The firm has a 50-day moving average of $32.54 and a 200 day moving average of $31.59. The stock has a market capitalization of $59.11 billion, a price-to-earnings ratio of 22.93, a PEG ratio of 5.52 and a beta of 0.79.
Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY – Get Free Report) last announced its quarterly earnings data on Tuesday, October 28th. The company reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.05). Wal-Mart de Mexico SAB de CV had a return on equity of 21.45% and a net margin of 5.03%.The company had revenue of $13.14 billion for the quarter, compared to the consensus estimate of $245.04 billion. As a group, sell-side analysts forecast that Wal-Mart de Mexico SAB de CV will post 1.68 earnings per share for the current fiscal year.
About Wal-Mart de Mexico SAB de CV
Wal-Mart de México SAB de CV (OTCMKTS: WMMVY) is a leading Mexican retail company that operates a broad array of retail formats focused on serving everyday consumer needs. Its core activities include operating supermarkets, discount stores, membership warehouse clubs and related retail formats that sell groceries, perishables, household goods, apparel, electronics and general merchandise. The company also provides associated services commonly found in large retail chains, such as in-store pharmacies, basic financial and payment services, and e-commerce fulfillment to meet growing online demand.
The company’s operations are centered in Mexico and extend into several countries in Central America, where it serves urban and suburban consumers through a mix of neighborhood discount outlets, larger full-service supermarkets and membership-based warehouse clubs.