Wal-Mart de México (OTCMKTS:WMMVY) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) passed 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 trading hands.

Analysts Set New Price Targets

Separately, Barclays raised Wal-Mart de México from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 20th.

Wal-Mart de México Trading Up 1.6 %

The firm has a market capitalization of $46.77 billion, a price-to-earnings ratio of 15.86, a price-to-earnings-growth ratio of 2.28 and a beta of 0.87. The firm has a 50 day moving average price of $27.17 and a two-hundred day moving average price of $28.40.

Wal-Mart de México (OTCMKTS:WMMVY) last released its quarterly earnings data 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 net margin of 5.63% and a return on equity of 25.22%. As a group, research analysts forecast that Wal-Mart de México, S.A.B. de C.V. will post 1.68 earnings per share for the current 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.