Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Sets New 1-Year Low – Time to Sell?

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) hit a new 52-week low on Monday . The stock traded as low as $26.50 and last traded at $26.53, with a volume of 12971 shares traded. The stock had previously closed at $27.02.

Wall Street Analyst Weigh In

Separately, HSBC cut Wal-Mart de Mexico SAB de CV to a “reduce” rating and set a $42.00 target price for the company. in a research note on Tuesday, September 8th. Two equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $42.00.

Wal-Mart de Mexico SAB de CV Stock Performance

The stock’s 50-day moving average is $28.00 and its 200 day moving average is $30.17. The stock has a market capitalization of $45.95 billion, a PE ratio of 16.60, a P/E/G ratio of 2.19 and a beta of 0.63.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.02. The company had revenue of $14.43 billion during the quarter, compared to the consensus estimate of $14.32 billion. Wal-Mart de Mexico SAB de CV had a net margin of 4.90% and a return on equity of 21.23%. Analysts expect that Wal-Mart de Mexico SAB de CV will post 1.76 earnings per share for the current year.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Wal-Mart de Mexico SAB de CV stock. Madison Asset Management LLC boosted its position in shares of Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) by 16.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 105,001 shares of the company’s stock after buying an additional 14,675 shares during the period. Madison Asset Management LLC’s holdings in Wal-Mart de Mexico SAB de CV were worth $3,088,000 as of its most recent SEC filing.

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.