Wal-Mart de México (OTCMKTS:WMMVY) Stock Price Passes Below 50 Day Moving Average – Should You Sell?

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $27.35 and traded as low as $26.02. Wal-Mart de México shares last traded at $27.32, with a volume of 245,951 shares changing hands.

Wal-Mart de México Stock Performance

The business has a 50-day simple moving average of $27.35 and a 200 day simple moving average of $30.13. The firm has a market cap of $47.66 billion, a P/E ratio of 15.61, a price-to-earnings-growth ratio of 1.81 and a beta of 0.85.

Wal-Mart de México (OTCMKTS:WMMVY) last announced its earnings results on Wednesday, October 23rd. The company reported $0.39 EPS for the quarter. The company had revenue of $12.18 billion during the quarter. Wal-Mart de México had a return on equity of 26.30% and a net margin of 5.73%. On average, research analysts expect that Wal-Mart de México, S.A.B. de C.V. will post 1.64 EPS for the current year.

Wal-Mart de México Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Monday, December 9th were paid a $0.2194 dividend. This is an increase from Wal-Mart de México’s previous dividend of $0.22. The ex-dividend date was Monday, December 9th. Wal-Mart de México’s dividend payout ratio is presently 26.86%.

Wal-Mart de México Company Profile

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.