Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Trading Down 5.5% After Earnings Miss

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY)’s stock price dropped 5.5% on Thursday following a dissappointing earnings announcement. The stock traded as low as $28.82 and last traded at $28.94. Approximately 58,133 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 107,373 shares. The stock had previously closed at $30.64.

The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.06). The business had revenue of $12.63 billion for the quarter, compared to analyst estimates of $12.75 billion. Wal-Mart de Mexico SAB de CV had a return on equity of 21.79% and a net margin of 5.22%.

Wal-Mart de Mexico SAB de CV Stock Down 7.0%

The firm’s 50 day simple moving average is $32.92 and its 200 day simple moving average is $29.76. The company has a market cap of $49.69 billion, a price-to-earnings ratio of 18.99, a price-to-earnings-growth ratio of 4.19 and a beta of 0.77. The company has a quick ratio of 0.36, a current ratio of 1.00 and a debt-to-equity ratio of 0.35.

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.