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

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 13,754 shares, a decline of 63.4% from the May 31st total of 37,608 shares. Based on an average daily volume of 256,695 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Wal-Mart de Mexico SAB de CV Stock Down 1.0%

WMMVY opened at $29.06 on Friday. The company has a quick ratio of 0.33, a current ratio of 0.97 and a debt-to-equity ratio of 0.36. The firm has a 50 day moving average price of $30.97 and a 200-day moving average price of $32.00. Wal-Mart de Mexico SAB de CV has a twelve month low of $27.26 and a twelve month high of $35.47. The stock has a market capitalization of $50.27 billion, a price-to-earnings ratio of 18.63, a PEG ratio of 1.89 and a beta of 0.64.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.01). Wal-Mart de Mexico SAB de CV had a net margin of 4.94% and a return on equity of 22.98%. The company had revenue of $13.94 billion for the quarter, compared to the consensus estimate of $14.27 billion. Equities research analysts forecast that Wal-Mart de Mexico SAB de CV will post 1.8 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Santander cut Wal-Mart de Mexico SAB de CV to a “neutral” rating in a research report on Monday, April 20th. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce”.

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.