Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Shares Cross Below 50 Day Moving Average – What’s Next?
by Mitch Edgeman · The Markets DailyWal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY – Get Free Report)’s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $29.10 and traded as low as $28.0801. Wal-Mart de Mexico SAB de CV shares last traded at $28.82, with a volume of 96,578 shares traded.
Analyst Ratings Changes
Separately, Santander cut shares of Wal-Mart de Mexico SAB de CV to a “neutral” rating in a report on Monday, April 20th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Wal-Mart de Mexico SAB de CV currently has a consensus rating of “Reduce”.
Read Our Latest Stock Report on WMMVY
Wal-Mart de Mexico SAB de CV Trading Down 2.7%
The stock has a market capitalization of $48.73 billion, a P/E ratio of 17.61, a P/E/G ratio of 1.91 and a beta of 0.64. The company has a current ratio of 0.97, a quick ratio of 0.33 and a debt-to-equity ratio of 0.36. The business has a 50-day moving average price of $28.98 and a two-hundred day moving average price of $31.30.
Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.02. The company had revenue of $14.43 billion for the quarter, compared to analysts’ expectations of $14.32 billion. Wal-Mart de Mexico SAB de CV had a return on equity of 22.89% and a net margin of 4.90%. On average, analysts expect that Wal-Mart de Mexico SAB de CV will post 1.77 EPS for the current fiscal year.
Wal-Mart de Mexico SAB de CV Company Profile
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.