Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Stock Price Passes Below 50 Day Moving Average – Should You Sell?

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $32.76 and traded as low as $31.95. Wal-Mart de Mexico SAB de CV shares last traded at $32.49, with a volume of 62,059 shares traded.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Barclays lowered Wal-Mart de Mexico SAB de CV from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 2nd. Morgan Stanley downgraded Wal-Mart de Mexico SAB de CV to an “underweight” rating in a research note on Wednesday, January 28th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Reduce”.

Wal-Mart de Mexico SAB de CV Price Performance

The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.34 and a current ratio of 0.95. The firm’s fifty day simple moving average is $32.76 and its 200 day simple moving average is $32.16. The firm has a market cap of $56.21 billion, a P/E ratio of 21.66, a P/E/G ratio of 5.11 and a beta of 0.80.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last announced its quarterly earnings results on Wednesday, February 18th. The company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.05). The firm had revenue of $16.44 billion for the quarter, compared to the consensus estimate of $15.48 billion. Wal-Mart de Mexico SAB de CV had a net margin of 4.93% and a return on equity of 22.29%. As a group, 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 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.