Short Interest in Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Declines By 74.7%

Key Points

• Short interest in Wal-Mart de Mexico SAB de CV declined by 74.7% in September, dropping from 77,800 shares to 19,700 shares.
• Scotiabank downgraded the company's rating from "strong-buy" to "hold," while the average analyst rating remains a "Buy."
• Wal-Mart de Mexico's stock opened at $30.84, with a market capitalization of $53.80 billion and has seen a twelve-month price range between $24.30 and $35.78.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 19,700 shares, a decline of 74.7% from the August 31st total of 77,800 shares. Based on an average trading volume of 119,000 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 119,000 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Scotiabank downgraded shares of Wal-Mart de Mexico SAB de CV from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Wal-Mart de Mexico SAB de CV presently has an average rating of "Buy".

Wal-Mart de Mexico SAB de CV Stock Up 0.2%

WMMVY stock opened at $30.84 on Wednesday. The firm has a market capitalization of $53.80 billion, a PE ratio of 20.56, a P/E/G ratio of 6.82 and a beta of 0.80. The company has a quick ratio of 0.34, a current ratio of 0.94 and a debt-to-equity ratio of 0.37. Wal-Mart de Mexico SAB de CV has a twelve month low of $24.30 and a twelve month high of $35.78. The stock's 50 day moving average is $30.19 and its 200-day moving average is $30.85.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) last released its quarterly earnings results on Wednesday, July 16th. The company reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.39 by ($0.06). The company had revenue of $12.63 billion during the quarter, compared to analysts' expectations of $12.75 billion. Wal-Mart de Mexico SAB de CV had a net margin of 5.22% and a return on equity of 22.23%. Sell-side analysts expect that Wal-Mart de Mexico SAB de CV will post 1.68 EPS for the current fiscal year.

About Wal-Mart de Mexico SAB de CV

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.

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