Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Shares Gap Up – Should You Buy?

Shares of Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) gapped up before the market opened on Wednesday . The stock had previously closed at $31.23, but opened at $31.9460. Wal-Mart de Mexico SAB de CV shares last traded at $31.16, with a volume of 16,825 shares trading hands.

Analysts Set New Price Targets

Separately, Barclays downgraded Wal-Mart de Mexico SAB de CV from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 2nd. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

Wal-Mart de Mexico SAB de CV Stock Performance

The company has a market cap of $54.50 billion, a PE ratio of 21.25, a PEG ratio of 5.58 and a beta of 0.79. The company has a current ratio of 0.95, a quick ratio of 0.34 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $32.83 and its two-hundred day moving average is $31.59.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.05). Wal-Mart de Mexico SAB de CV had a net margin of 5.03% and a return on equity of 21.45%. The business had revenue of $13.14 billion for the quarter, compared to the consensus estimate of $245.04 billion. On average, equities research analysts anticipate that Wal-Mart de Mexico SAB de CV will post 1.68 EPS 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.