Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Shares Gap Down – What’s Next?

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $34.62, but opened at $33.4201. Wal-Mart de Mexico SAB de CV shares last traded at $34.0350, with a volume of 8,187 shares trading 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 equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy”.

Wal-Mart de Mexico SAB de CV Price Performance

The company has a current ratio of 0.94, a quick ratio of 0.34 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $59.68 billion, a PE ratio of 23.27, a P/E/G ratio of 7.34 and a beta of 0.82. The firm’s fifty day moving average price is $31.72 and its 200 day moving average price is $31.68.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last released its quarterly earnings data on Tuesday, October 28th. The company reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.05). The company had revenue of $13.14 billion for the quarter, compared to analysts’ expectations of $245.04 billion. Wal-Mart de Mexico SAB de CV had a net margin of 5.03% and a return on equity of 21.46%. As a group, equities analysts forecast that Wal-Mart de Mexico SAB de CV will post 1.68 earnings per share for the current year.

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.