Wal-Mart de México (OTCMKTS:WMMVY) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $27.45 and traded as low as $27.17. Wal-Mart de México shares last traded at $27.70, with a volume of 155,979 shares trading hands.

Analysts Set New Price Targets

Separately, Barclays raised 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 Down 2.9 %

The firm has a market cap of $48.33 billion, a price-to-earnings ratio of 16.39, a PEG ratio of 2.28 and a beta of 0.76. The company’s fifty day moving average is $27.45 and its 200 day moving average is $27.86.

Wal-Mart de México (OTCMKTS:WMMVY) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.05). Wal-Mart de México had a net margin of 5.63% and a return on equity of 25.22%. The company had revenue of $13.59 billion during the quarter. On average, equities research analysts forecast 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.