Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Shares Pass Below Fifty Day Moving Average - Should You Sell?

Key Points

• Shares fell below the 50‑day moving average, trading as low as $31.09 versus a 50‑day MA of $32.27 (last trade $32.49) on volume of 57,411.
• Analyst sentiment has turned cautious: Santander and Morgan Stanley recently downgraded the stock, and MarketBeat shows three Holds and one Sell for an average rating of "Reduce".
• Quarterly results missed expectations—EPS $0.41 vs $0.42 expected and revenue $13.94B vs $14.27B—while the company carries a market cap of about $56.2B and a P/E of ~20.8.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report)'s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $32.27 and traded as low as $31.09. Wal-Mart de Mexico SAB de CV shares last traded at $32.49, with a volume of 57,411 shares trading hands.

Analysts Set New Price Targets

WMMVY has been the topic of a number of research reports. Santander downgraded shares of Wal-Mart de Mexico SAB de CV to a "neutral" rating in a research report on Monday, April 20th. Morgan Stanley downgraded shares of Wal-Mart de Mexico SAB de CV to an "underweight" rating in a research report on Wednesday, January 28th. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Reduce".

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

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 50-day moving average is $32.27 and its 200-day moving average is $32.71. The company has a market cap of $56.21 billion, a price-to-earnings ratio of 20.83, a P/E/G ratio of 2.08 and a beta of 0.67.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $14.27 billion. On average, analysts anticipate 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.

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