Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Short Interest Update

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 4,303 shares, a drop of 94.0% from the August 31st total of 71,718 shares. Based on an average daily trading volume, of 608,892 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, HSBC downgraded shares of Wal-Mart de Mexico SAB de CV to a “reduce” rating and set a $42.00 price objective on the stock. in a report on Tuesday, September 8th. Two analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Wal-Mart de Mexico SAB de CV has an average rating of “Reduce” and a consensus price target of $42.00.

Wal-Mart de Mexico SAB de CV Stock Down 1.4%

Shares of WMMVY stock traded down $0.37 on Thursday, hitting $25.85. The company had a trading volume of 328,573 shares, compared to its average volume of 147,944. The firm has a market cap of $44.72 billion, a P/E ratio of 16.16, a price-to-earnings-growth ratio of 5.79 and a beta of 0.63. The company has a 50-day moving average price of $27.72 and a 200-day moving average price of $29.89. Wal-Mart de Mexico SAB de CV has a twelve month low of $25.63 and a twelve month high of $35.47.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last issued its earnings results on Wednesday, July 22nd. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.02. The firm had revenue of $14.43 billion for the quarter, compared to the consensus estimate of $14.32 billion. Wal-Mart de Mexico SAB de CV had a return on equity of 21.23% and a net margin of 4.90%. Equities research analysts expect that Wal-Mart de Mexico SAB de CV will post 1.76 EPS for the current year.

Institutional Trading of Wal-Mart de Mexico SAB de CV

A hedge fund recently raised its position in Wal-Mart de Mexico SAB de CV stock. Ferguson Wellman Capital Management Inc. raised its position in Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) by 3.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 544,703 shares of the company’s stock after buying an additional 16,289 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in Wal-Mart de Mexico SAB de CV were worth $16,020,000 at the end of the most recent quarter.

About Wal-Mart de Mexico SAB de CV

Wal-Mart de México, SAB. de C.V., commonly known as Walmart de México y Centroamérica or Walmex, is a retail company that operates a portfolio of stores across Mexico and Central America. It serves consumers through a range of formats, including Walmart and Walmart Express supermarkets, Bodega Aurrera discount stores, and Sam’s Club membership warehouses.

The company sells groceries, fresh foods, household goods, apparel, electronics, general merchandise, and other consumer products. Its business also includes e-commerce and digital shopping services, supported by store-based fulfillment and delivery capabilities.