Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) Short Interest Up 70.3% in April

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY – Get Rating) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 23,500 shares, an increase of 70.3% from the March 31st total of 13,800 shares. Based on an average daily trading volume, of 89,600 shares, the days-to-cover ratio is currently 0.3 days.

Separately, Zacks Investment Research raised shares of Wal-Mart de México from a “hold” rating to a “buy” rating and set a $42.00 price objective on the stock in a research report on Wednesday, March 23rd.

Wal-Mart de México stock opened at $35.17 on Friday. The stock has a 50-day simple moving average of $37.87 and a 200 day simple moving average of $36.22. The company has a quick ratio of 0.46, a current ratio of 1.06 and a debt-to-equity ratio of 0.35. Wal-Mart de México has a 12-month low of $30.18 and a 12-month high of $41.64. The stock has a market capitalization of $61.41 billion, a price-to-earnings ratio of 28.14, a P/E/G ratio of 3.14 and a beta of 0.69.

Wal-Mart de México (OTCMKTS:WMMVY – Get Rating) last announced its quarterly earnings results on Wednesday, February 16th. The company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.01). The company had revenue of $10.27 billion during the quarter, compared to the consensus estimate of $10.59 billion. Wal-Mart de México had a net margin of 6.01% and a return on equity of 26.04%. As a group, sell-side analysts anticipate that Wal-Mart de México will post 1.41 EPS for the current year.

Wal-Mart de México Company Profile (Get Rating)

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 2,198 Bodega Aurrerá discount stores, 294 Walmart hypermarkets, 14 Superama supermarkets, 85 Walmart Express supermarkets, and 165 Sam's Club membership self-service wholesale stores.

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