Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Sees Large Growth in Short Interest

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 54,755 shares, an increase of 336.3% from the October 15th total of 12,551 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 313,976 shares, the short-interest ratio is presently 0.2 days.

Wal-Mart de Mexico SAB de CV Stock Up 1.9%

Shares of Wal-Mart de Mexico SAB de CV stock opened at $29.69 on Friday. The firm has a market cap of $51.36 billion, a price-to-earnings ratio of 18.09, a price-to-earnings-growth ratio of 6.63 and a beta of 0.63. Wal-Mart de Mexico SAB de CV has a 52-week low of $24.80 and a 52-week high of $35.47. The company’s 50-day simple moving average is $26.81 and its 200-day simple moving average is $29.75.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last announced its quarterly earnings data on Tuesday, October 27th. The company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.05). Wal-Mart de Mexico SAB de CV had a net margin of 4.79% and a return on equity of 20.72%. The firm had revenue of $14.42 billion during the quarter, compared to analyst estimates of $13.88 billion. Equities research analysts anticipate that Wal-Mart de Mexico SAB de CV will post 1.69 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. HSBC cut Wal-Mart de Mexico SAB de CV to a “reduce” rating and set a $42.00 price target for the company. in a research note on Tuesday, September 8th. Zacks Research lowered shares of Wal-Mart de Mexico SAB de CV from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 27th. Two equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Strong Sell” and a consensus price target of $42.00.

Institutional Trading of Wal-Mart de Mexico SAB de CV

An institutional investor recently raised its position in Wal-Mart de Mexico SAB de CV stock. Ferguson Wellman Capital Management Inc. lifted its holdings in Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) by 3.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 544,703 shares of the company’s stock after buying an additional 16,289 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in Wal-Mart de Mexico SAB de CV were worth $16,020,000 as of its most recent SEC filing.

Wal-Mart de Mexico SAB de CV Company Profile

Wal-Mart de México, S.A.B. de C.V., commonly known as Walmex, is a retail company that operates stores and digital commerce businesses in Mexico and Central America. Its formats include Walmart supermarkets, Bodega Aurrera discount stores, Walmart Express supermarkets and Sam’s Club membership warehouse clubs. The company sells groceries, apparel, electronics, household goods and other consumer products. Its services also include online shopping and, through select operations, financial and related customer services.