Wal-Mart de México (OTCMKTS:WMMVY) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY)’s share price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $27.35 and traded as low as $26.02. Wal-Mart de México shares last traded at $27.32, with a volume of 245,951 shares traded.

Wal-Mart de México Stock Performance

The stock has a 50-day moving average of $27.35 and a two-hundred day moving average of $30.13. The company has a market cap of $47.66 billion, a P/E ratio of 15.61, a price-to-earnings-growth ratio of 1.81 and a beta of 0.85.

Wal-Mart de México (OTCMKTS:WMMVY) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $0.39 earnings per share (EPS) for the quarter. The company had revenue of $12.18 billion for the quarter. Wal-Mart de México had a net margin of 5.73% and a return on equity of 26.30%. Research analysts predict that Wal-Mart de México, S.A.B. de C.V. will post 1.64 EPS for the current year.

Wal-Mart de México Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Monday, December 9th were issued a dividend of $0.2194 per share. This is a boost from Wal-Mart de México’s previous dividend of $0.22. The ex-dividend date was Monday, December 9th. Wal-Mart de México’s dividend payout ratio is presently 26.86%.

About Wal-Mart de México

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.