Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Stock Short Interest Report for October

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) saw a large growth in short interest in October. As of October 30th, there was short interest totaling 54,755 shares, a growth of 336.3% from the October 15th total of 12,551 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 313,976 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Wal-Mart de Mexico SAB de CV

An institutional investor recently raised its position in Wal-Mart de Mexico SAB de CV stock. Ferguson Wellman Capital Management Inc. grew its stake in shares of Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) by 3.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 544,703 shares of the company’s stock after purchasing an additional 16,289 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in Wal-Mart de Mexico SAB de CV were worth $16,020,000 as of its most recent filing with the Securities and Exchange Commission.

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

OTCMKTS:WMMVY traded up $0.38 during trading hours on Friday, hitting $29.50. The company’s stock had a trading volume of 30,129 shares, compared to its average volume of 152,053. The stock has a market capitalization of $51.03 billion, a P/E ratio of 18.32, a price-to-earnings-growth ratio of 6.53 and a beta of 0.63. The stock has a fifty day moving average of $26.78 and a 200-day moving average of $29.77. Wal-Mart de Mexico SAB de CV has a 52-week low of $24.80 and a 52-week high of $35.47.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last announced its quarterly earnings results on Tuesday, October 27th. The company reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). The business had revenue of $14.42 billion for the quarter, compared to analysts’ expectations of $13.88 billion. Wal-Mart de Mexico SAB de CV had a return on equity of 20.72% and a net margin of 4.79%. On average, sell-side analysts forecast that Wal-Mart de Mexico SAB de CV will post 1.69 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently commented on WMMVY. Zacks Research downgraded Wal-Mart de Mexico SAB de CV from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 27th. HSBC cut shares of Wal-Mart de Mexico SAB de CV to a “reduce” rating and set a $42.00 target price on the stock. in a report on Tuesday, September 8th. Two investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Wal-Mart de Mexico SAB de CV currently has a consensus rating of “Strong Sell” and a consensus target price of $42.00.

About Wal-Mart de Mexico SAB de CV

Wal-Mart de México, S.A.B. de C.V., commonly known as Walmex, is a retail company that operates stores and digital commerce businesses in Mexico and Central America. Its formats include Walmart supermarkets, Bodega Aurrera discount stores, Walmart Express supermarkets and Sam’s Club membership warehouse clubs. The company sells groceries, apparel, electronics, household goods and other consumer products. Its services also include online shopping and, through select operations, financial and related customer services.