Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Shares Gap Down – Time to Sell?

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) shares gapped down before the market opened on Thursday . The stock had previously closed at $30.18, but opened at $28.1010. Wal-Mart de Mexico SAB de CV shares last traded at $29.80, with a volume of 11,154 shares traded.

Analyst Upgrades and Downgrades

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

Wal-Mart de Mexico SAB de CV Stock Down 2.2%

The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.33 and a current ratio of 0.97. The firm has a market capitalization of $51.09 billion, a P/E ratio of 18.93, a PEG ratio of 1.95 and a beta of 0.64. The stock has a 50 day moving average of $32.11 and a 200-day moving average of $32.45.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.01). Wal-Mart de Mexico SAB de CV had a return on equity of 22.98% and a net margin of 4.94%.The business had revenue of $13.94 billion during the quarter, compared to analysts’ expectations of $14.27 billion. Research analysts predict that Wal-Mart de Mexico SAB de CV will post 1.8 earnings per share for the current fiscal year.

About Wal-Mart de Mexico SAB de CV

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.