Wal-Mart de México (OTCMKTS:WMMVY) Hits New 1-Year Low – Here’s Why

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY)’s stock price hit a new 52-week low on Wednesday . The company traded as low as $25.01 and last traded at $26.32, with a volume of 132348 shares trading hands. The stock had previously closed at $25.82.

Analyst Upgrades and Downgrades

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

Wal-Mart de México Stock Performance

The stock has a market cap of $46.06 billion, a price-to-earnings ratio of 15.09, a PEG ratio of 1.81 and a beta of 0.87. The firm’s 50-day simple moving average is $28.80 and its two-hundred day simple moving average is $32.36.

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

Wal-Mart de México Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, December 20th. Investors of record on Monday, December 9th will be given a $0.2194 dividend. This is a positive change from Wal-Mart de México’s previous dividend of $0.22. The ex-dividend date is Monday, December 9th. Wal-Mart de México’s dividend payout ratio (DPR) is presently 13.71%.

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.