Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) Sees Significant Drop in Short Interest

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) was the recipient of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 11,354 shares, a decrease of 14.8% from the February 26th total of 13,329 shares. Based on an average trading volume of 210,015 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Separately, Morgan Stanley cut Wal-Mart de Mexico SAB de CV to an “underweight” rating in a research note on Wednesday, January 28th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Reduce”.

Wal-Mart de Mexico SAB de CV Stock Up 2.0%

Shares of Wal-Mart de Mexico SAB de CV stock opened at $33.17 on Thursday. Wal-Mart de Mexico SAB de CV has a 1 year low of $26.05 and a 1 year high of $35.78. The firm has a market cap of $57.38 billion, a price-to-earnings ratio of 22.11, a PEG ratio of 2.11 and a beta of 0.79. The company has a 50-day moving average of $32.69 and a 200 day moving average of $32.45. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.97 and a quick ratio of 0.33.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.05). Wal-Mart de Mexico SAB de CV had a return on equity of 22.01% and a net margin of 4.93%.The business had revenue of $16.44 billion for the quarter, compared to the consensus estimate of $15.48 billion. As a group, sell-side analysts anticipate that Wal-Mart de Mexico SAB de CV will post 1.68 earnings per share for the current fiscal year.

About Wal-Mart de Mexico SAB de CV

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.