Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Reaches New 52-Week Low – What’s Next?

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as $27.33 and last traded at $28.3740, with a volume of 1708 shares. The stock had previously closed at $28.32.

Wall Street Analysts Forecast Growth

Separately, Santander downgraded Wal-Mart de Mexico SAB de CV to a “neutral” rating in a report on Monday, April 20th. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce”.

Wal-Mart de Mexico SAB de CV Trading Down 3.2%

The stock has a market cap of $46.71 billion, a P/E ratio of 16.88, a PEG ratio of 1.85 and a beta of 0.64. 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 stock’s fifty day moving average price is $29.61 and its 200 day moving average price is $31.55.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.02. Wal-Mart de Mexico SAB de CV had a net margin of 4.90% and a return on equity of 22.89%. The company had revenue of $14.43 billion during the quarter, compared to analyst estimates of $14.32 billion. Equities research analysts expect that Wal-Mart de Mexico SAB de CV will post 1.77 earnings per share for the current year.

Wal-Mart de Mexico SAB de CV Company Profile

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.