Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Short Interest Update

Key Points

• Wal-Mart de Mexico SAB de CV saw a significant increase in short interest in August, rising by 451.8% to a total of 77,800 shares, where 0.0% of its shares are currently short sold.
• For its latest quarter, Wal-Mart de Mexico reported $0.33 earnings per share, missing estimates, with revenue of $12.63 billion, which was below analyst expectations.
• Scotiabank downgraded the stock from a "strong-buy" to a "hold" rating, while the company has an average rating of "Buy" according to MarketBeat data.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 77,800 shares, an increase of 451.8% from the August 15th total of 14,100 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 122,900 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 122,900 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the shares of the company are short sold.

Wal-Mart de Mexico SAB de CV Stock Performance

Shares of OTCMKTS:WMMVY opened at $30.00 on Friday. Wal-Mart de Mexico SAB de CV has a 1 year low of $24.30 and a 1 year high of $35.78. The stock has a market capitalization of $52.34 billion, a price-to-earnings ratio of 20.00, a price-to-earnings-growth ratio of 6.72 and a beta of 0.80. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.94 and a quick ratio of 0.34. The company's 50 day simple moving average is $30.09 and its 200 day simple moving average is $30.47.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY - Get Free Report) last issued its earnings results 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). Wal-Mart de Mexico SAB de CV had a net margin of 5.22% and a return on equity of 22.23%. The business had revenue of $12.63 billion during the quarter, compared to analyst estimates of $12.75 billion. As a group, research analysts predict that Wal-Mart de Mexico SAB de CV will post 1.68 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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 issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Buy".

Wal-Mart de Mexico SAB de CV Company Profile

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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