Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Shares Gap Down – Here’s What Happened

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) shares gapped down prior to trading on Friday . The stock had previously closed at $32.68, but opened at $31.35. Wal-Mart de Mexico SAB de CV shares last traded at $32.46, with a volume of 2,647 shares traded.

Wall Street Analysts Forecast Growth

Separately, Barclays cut shares of Wal-Mart de Mexico SAB de CV from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

Wal-Mart de Mexico SAB de CV Price Performance

The stock has a fifty day moving average of $32.70 and a two-hundred day moving average of $31.84. The company has a current ratio of 0.95, a quick ratio of 0.34 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $56.83 billion, a price-to-earnings ratio of 22.16, a PEG ratio of 5.85 and a beta of 0.80.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last announced its earnings results on Tuesday, October 28th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.05). Wal-Mart de Mexico SAB de CV had a return on equity of 21.45% and a net margin of 5.03%.The business had revenue of $13.14 billion for the quarter, compared to the consensus estimate of $245.04 billion. As a group, equities research 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.