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

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 101,395 shares, a decline of 67.4% from the July 15th total of 311,051 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 291,450 shares, the days-to-cover ratio is currently 0.3 days.

Wal-Mart de Mexico SAB de CV Trading Up 0.6%

Shares of WMMVY opened at $27.88 on Friday. 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 has a 1-year low of $26.62 and a 1-year high of $35.47. The stock has a market cap of $48.23 billion, a price-to-earnings ratio of 17.42, a price-to-earnings-growth ratio of 2.28 and a beta of 0.64. The firm has a 50 day simple moving average of $28.73 and a 200-day simple moving average of $31.07.

Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) last posted its earnings results on Wednesday, July 22nd. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.02. The firm had revenue of $14.43 billion for the quarter, compared to analyst estimates of $14.32 billion. Wal-Mart de Mexico SAB de CV had a return on equity of 22.89% and a net margin of 4.90%. Equities analysts forecast that Wal-Mart de Mexico SAB de CV will post 1.75 EPS for the current fiscal year.

Institutional Trading of Wal-Mart de Mexico SAB de CV

An institutional investor recently raised its stake in Wal-Mart de Mexico SAB de CV stock. Madison Asset Management LLC lifted its stake in shares of Wal-Mart de Mexico SAB de CV (OTCMKTS:WMMVY) by 16.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 105,001 shares of the company’s stock after acquiring an additional 14,675 shares during the period. Madison Asset Management LLC’s holdings in Wal-Mart de Mexico SAB de CV were worth $3,088,000 as of its most recent SEC filing.

Wall Street Analyst Weigh In

Separately, Santander lowered shares of Wal-Mart de Mexico SAB de CV to a “neutral” rating in a research report on Monday, April 20th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently 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.