Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Shares Gap Down – Time to Sell?

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) gapped down before the market opened on Friday . The stock had previously closed at $33.77, but opened at $32.3101. Wal-Mart de Mexico SAB de CV shares last traded at $32.92, with a volume of 6,364 shares.

Wall Street Analysts Forecast Growth

Separately, Scotiabank cut Wal-Mart de Mexico SAB de CV from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

Wal-Mart de Mexico SAB de CV Trading Down 1.7%

The business’s 50-day simple moving average is $32.48 and its two-hundred day simple moving average is $31.84. The firm has a market capitalization of $57.89 billion, a price-to-earnings ratio of 22.57, a PEG ratio of 7.34 and a beta of 0.82. The company has a quick ratio of 0.34, a current ratio of 0.94 and a debt-to-equity ratio of 0.37.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last posted its quarterly earnings data on Tuesday, October 28th. The company reported $0.36 earnings per share 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 21.46% and a net margin of 5.03%.The company had revenue of $13.14 billion for the quarter, compared to analysts’ expectations of $245.04 billion. Equities analysts forecast that Wal-Mart de Mexico SAB de CV will post 1.68 earnings per share for the current year.

Wal-Mart de Mexico SAB de CV 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.