Wal-Mart de México (OTCMKTS:WMMVY) Shares Cross Below Fifty Day Moving Average - Here's Why

Shares of Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY - Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $27.45 and traded as low as $27.17. Wal-Mart de México shares last traded at $27.70, with a volume of 155,979 shares trading hands.

Wall Street Analyst Weigh In

Separately, Barclays upgraded shares of Wal-Mart de México from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 20th.

Wal-Mart de México Stock Performance

The company has a market cap of $49.56 billion, a PE ratio of 16.81, a PEG ratio of 2.28 and a beta of 0.76. The company has a 50 day simple moving average of $27.51 and a two-hundred day simple moving average of $27.81.

Wal-Mart de México (OTCMKTS:WMMVY - Get Free Report) last issued its earnings results on Thursday, February 13th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.05). The firm had revenue of $13.59 billion during the quarter. Wal-Mart de México had a return on equity of 25.22% and a net margin of 5.63%. As a group, analysts expect that Wal-Mart de México, S.A.B. de C.V. will post 1.68 earnings per share for the current fiscal year.

About Wal-Mart de México

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.