Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Shares of Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $32.29 and traded as low as $31.78. Wal-Mart de Mexico SAB de CV shares last traded at $32.16, with a volume of 43,961 shares trading hands.

Analysts Set New Price Targets

A number of research firms recently weighed in on WMMVY. Morgan Stanley lowered Wal-Mart de Mexico SAB de CV to an “underweight” rating in a research report on Wednesday, January 28th. Santander lowered Wal-Mart de Mexico SAB de CV to a “neutral” rating in a research report on Monday, April 20th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce”.

Wal-Mart de Mexico SAB de CV Price Performance

The company has a current ratio of 0.97, a quick ratio of 0.33 and a debt-to-equity ratio of 0.36. The firm has a market cap of $55.64 billion, a price-to-earnings ratio of 20.62, a price-to-earnings-growth ratio of 2.07 and a beta of 0.67. The stock has a 50-day moving average of $32.29 and a two-hundred day moving average of $32.62.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.01). Wal-Mart de Mexico SAB de CV had a net margin of 4.94% and a return on equity of 22.98%. The company had revenue of $13.94 billion during the quarter, compared to analyst estimates of $14.27 billion. On average, analysts anticipate that Wal-Mart de Mexico SAB de CV will post 1.8 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.