Wal-Mart de México (OTCMKTS:WMMVY) Stock Crosses Below 50-Day Moving Average – Time to Sell?

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $31.59 and traded as low as $29.13. Wal-Mart de México shares last traded at $29.67, with a volume of 150,386 shares.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group raised Wal-Mart de México from a “hold” rating to a “buy” rating in a research note on Monday, September 9th.

Wal-Mart de México Stock Performance

The firm’s fifty day simple moving average is $31.59 and its 200 day simple moving average is $35.17. The company has a market capitalization of $51.76 billion, a price-to-earnings ratio of 16.76, a PEG ratio of 2.01 and a beta of 0.86. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.12 and a quick ratio of 0.47.

Wal-Mart de México (OTCMKTS:WMMVY) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.01). The firm had revenue of $13.21 billion for the quarter. Wal-Mart de México had a return on equity of 27.32% and a net margin of 5.91%. On average, sell-side analysts forecast that Wal-Mart de México, S.A.B. de C.V. will post 1.75 EPS 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.