Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Sets New 1-Year Low – Here’s What Happened

Shares of Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) hit a new 52-week low on Wednesday . The company traded as low as $27.33 and last traded at $28.3740, with a volume of 1708 shares. The stock had previously closed at $28.32.

Analyst Upgrades and Downgrades

Separately, Santander downgraded Wal-Mart de Mexico SAB de CV to a “neutral” rating in a report on Monday, April 20th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Wal-Mart de Mexico SAB de CV Stock Up 0.6%

The company has a debt-to-equity ratio of 0.36, a current ratio of 0.97 and a quick ratio of 0.33. The firm’s 50-day simple moving average is $29.80 and its two-hundred day simple moving average is $31.60. The company has a market capitalization of $49.13 billion, a price-to-earnings ratio of 18.21, a price-to-earnings-growth ratio of 1.87 and a beta of 0.64.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.01). The company had revenue of $13.94 billion for the quarter, compared to analyst estimates of $14.27 billion. Wal-Mart de Mexico SAB de CV had a net margin of 4.94% and a return on equity of 22.98%. Sell-side analysts predict that Wal-Mart de Mexico SAB de CV will post 1.77 EPS for the current fiscal year.

About Wal-Mart de Mexico SAB de CV

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.