Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY – Get Free Report) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 85,304 shares, a growth of 188.2% from the December 31st total of 29,594 shares. Based on an average daily trading volume, of 271,177 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 271,177 shares, the short-interest ratio is currently 0.3 days.
Analysts Set New Price Targets
A number of brokerages have weighed in on WMMVY. Barclays lowered Wal-Mart de Mexico SAB de CV from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 2nd. Morgan Stanley lowered shares of Wal-Mart de Mexico SAB de CV to an “underweight” rating in a research report on Wednesday. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Wal-Mart de Mexico SAB de CV has a consensus rating of “Reduce”.
View Our Latest Stock Report on WMMVY
Wal-Mart de Mexico SAB de CV Price Performance
Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY – Get Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.05). The business had revenue of $13.14 billion during the quarter, compared to the consensus estimate of $245.04 billion. Wal-Mart de Mexico SAB de CV had a return on equity of 21.45% and a net margin of 5.03%. Equities research analysts expect that Wal-Mart de Mexico SAB de CV will post 1.68 EPS for the current 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.
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