Wal-Mart de México (OTCMKTS:WMMVY) Stock Crosses Below 50 Day Moving Average – Here’s Why

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $31.23 and traded as low as $29.71. Wal-Mart de México shares last traded at $30.28, with a volume of 50,152 shares trading hands.

Analyst Ratings Changes

Separately, Jefferies Financial Group raised Wal-Mart de México from a “hold” rating to a “buy” rating in a research report on Monday, September 9th.

Wal-Mart de México Stock Up 1.0 %

The company has a quick ratio of 0.47, a current ratio of 1.12 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $52.83 billion, a P/E ratio of 17.11, a PEG ratio of 1.95 and a beta of 0.86. The firm has a 50-day moving average price of $31.23 and a two-hundred day moving average price of $34.60.

Wal-Mart de México (OTCMKTS:WMMVY) last posted its quarterly earnings data on Wednesday, July 24th. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.01). Wal-Mart de México had a net margin of 5.91% and a return on equity of 27.32%. The business had revenue of $13.21 billion during the quarter. Equities research analysts anticipate that Wal-Mart de México, S.A.B. de C.V. will post 1.67 EPS for the current fiscal year.

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.