Free Trial

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

Wal-Mart de Mexico SAB de CV logo with Retail/Wholesale background

Key Points

  • Wal-Mart de Mexico's share price crossed above its 200-day moving average of $30.46, reaching a high of $30.56 during trading.
  • Scotiabank downgraded the stock from a "strong-buy" to a "hold" rating, while the company overall holds an average rating of "Buy" from analysts.
  • In its latest earnings report, Wal-Mart de Mexico missed estimates with EPS of $0.33, falling short of the expected $0.39, and reported revenue of $12.63 billion against an expectation of $12.75 billion.
  • MarketBeat previews the top five stocks to own by November 1st.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $30.46 and traded as high as $30.56. Wal-Mart de Mexico SAB de CV shares last traded at $30.36, with a volume of 31,200 shares changing hands.

Analyst Upgrades and Downgrades

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

Read Our Latest Stock Analysis on Wal-Mart de Mexico SAB de CV

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

The business has a 50-day simple moving average of $30.03 and a two-hundred day simple moving average of $30.54. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.34 and a current ratio of 0.94. The company has a market capitalization of $52.90 billion, a price-to-earnings ratio of 20.21, a PEG ratio of 6.64 and a beta of 0.80.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 16th. The company reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.39 by ($0.06). The company had revenue of $12.63 billion for the quarter, compared to analyst estimates of $12.75 billion. Wal-Mart de Mexico SAB de CV had a return on equity of 22.23% and a net margin of 5.22%. As a group, equities analysts predict that Wal-Mart de Mexico SAB de CV will post 1.68 EPS for the current year.

Wal-Mart de Mexico SAB de CV Company Profile

(Get Free Report)

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.

Recommended Stories

Should You Invest $1,000 in Wal-Mart de Mexico SAB de CV Right Now?

Before you consider Wal-Mart de Mexico SAB de CV, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wal-Mart de Mexico SAB de CV wasn't on the list.

While Wal-Mart de Mexico SAB de CV currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.