Wal-Mart de México (OTCMKTS:WMMVY) Reaches New 12-Month Low – Should You Sell?

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

Analyst Ratings Changes

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 Price Performance

The stock’s 50 day simple moving average is $29.01 and its two-hundred day simple moving average is $32.45. The company has a market capitalization of $45.92 billion, a P/E ratio of 14.75, a P/E/G ratio of 1.78 and a beta of 0.87.

Wal-Mart de México (OTCMKTS:WMMVY) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $0.39 earnings per share for the quarter. The firm had revenue of $12.18 billion during the quarter. Wal-Mart de México had a net margin of 5.73% and a return on equity of 26.30%. As a group, equities research analysts expect that Wal-Mart de México, S.A.B. de C.V. will post 1.66 earnings per share for the current year.

Wal-Mart de México Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, December 20th. Stockholders of record on Monday, December 9th will be paid a dividend of $0.2194 per share. The ex-dividend date is Monday, December 9th. This is a positive change from Wal-Mart de México’s previous dividend of $0.22. Wal-Mart de México’s dividend payout ratio is 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.