Wal-Mart de México (OTCMKTS:WMMVY) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY)’s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $27.17 and traded as low as $25.68. Wal-Mart de México shares last traded at $26.81, with a volume of 98,572 shares traded.

Wall Street Analyst Weigh In

Separately, Barclays upgraded Wal-Mart de México from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 20th.

Wal-Mart de México Stock Performance

The stock has a market cap of $46.77 billion, a PE ratio of 15.86, a PEG ratio of 2.28 and a beta of 0.87. The business has a 50-day moving average of $27.17 and a 200 day moving average of $28.40.

Wal-Mart de México (OTCMKTS:WMMVY) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.05). The company had revenue of $13.59 billion for the quarter. Wal-Mart de México had a return on equity of 25.22% and a net margin of 5.63%. Equities analysts expect that Wal-Mart de México, S.A.B. de C.V. will post 1.68 EPS 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.