Wal-Mart de México (OTCMKTS:WMMVY) Stock Crosses Below Fifty Day Moving Average of $32.82

Shares of Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $32.82 and traded as low as $31.00. Wal-Mart de México shares last traded at $31.77, with a volume of 75,237 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group upgraded Wal-Mart de México from a “hold” rating to a “buy” rating in a report on Monday, September 9th.

Wal-Mart de México Trading Down 1.0 %

The business has a fifty day moving average of $32.68 and a 200-day moving average of $35.96. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.47 and a current ratio of 1.12. The company has a market capitalization of $54.87 billion, a P/E ratio of 17.77, a PEG ratio of 1.78 and a beta of 0.86.

Wal-Mart de México (OTCMKTS:WMMVY) last released its quarterly earnings results on Wednesday, July 24th. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.01). Wal-Mart de México had a net margin of 5.91% and a return on equity of 27.32%. The company had revenue of $13.21 billion during the quarter. Analysts anticipate that Wal-Mart de México, S.A.B. de C.V. will post 1.86 earnings per share for the current fiscal year.

Wal-Mart de México Company Profile

Wal-Mart de México, SAB. de C.V. owns and operates self-service stores in Mexico and Central America. The company operates discount warehouses and stores, hypermarkets, supermarkets, and membership self-service wholesale stores. It operates Bodega Aurrerá discount stores, Walmart hypermarkets, Walmart Express supermarkets, and Sam's Club membership self-service wholesale stores.