Wal-Mart de México (OTCMKTS:WMMVY) Share Price Crosses Below Fifty Day Moving Average - What's Next?

Shares of Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY - Get Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $27.17 and traded as low as $25.68. Wal-Mart de México shares last traded at $26.81, with a volume of 98,572 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded 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 Up 1.7 %

The business has a 50-day moving average price of $27.17 and a 200-day moving average price of $28.32. The firm has a market capitalization of $46.72 billion, a PE ratio of 15.85, a price-to-earnings-growth ratio of 2.28 and a beta of 0.87.

Wal-Mart de México (OTCMKTS:WMMVY - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.43 EPS for the quarter, missing analysts' consensus estimates of $0.48 by ($0.05). Wal-Mart de México had a net margin of 5.63% and a return on equity of 25.22%. The business had revenue of $13.59 billion during the quarter. On average, equities research analysts anticipate that Wal-Mart de México, S.A.B. de C.V. will post 1.68 earnings per share for the current year.

Wal-Mart de México 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.