Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $32.76 and traded as low as $31.95. Wal-Mart de Mexico SAB de CV shares last traded at $32.49, with a volume of 62,059 shares.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Morgan Stanley lowered shares of Wal-Mart de Mexico SAB de CV to an “underweight” rating in a report on Wednesday, January 28th. Barclays downgraded Wal-Mart de Mexico SAB de CV from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 2nd. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Reduce”.

Wal-Mart de Mexico SAB de CV Trading Down 1.3%

The company has a quick ratio of 0.34, a current ratio of 0.95 and a debt-to-equity ratio of 0.37. The company’s 50-day moving average is $32.76 and its 200 day moving average is $32.15. The company has a market cap of $56.21 billion, a price-to-earnings ratio of 21.66, a price-to-earnings-growth ratio of 5.17 and a beta of 0.80.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last posted its earnings results on Wednesday, February 18th. The company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.05). Wal-Mart de Mexico SAB de CV had a return on equity of 22.29% and a net margin of 4.93%.The firm had revenue of $16.44 billion for the quarter, compared to analysts’ expectations of $15.48 billion. Research analysts predict that Wal-Mart de Mexico SAB de CV will post 1.68 EPS for the current 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.