Wal-Mart de México (OTCMKTS:WMMVY) Hits New 12-Month Low – Here’s What Happened

Posted by Tyrone Williams on Nov 29th, 2024

Wal-Mart de México, S.A.B. de C.V. (OTCMKTS:WMMVY – Get Free Report)’s share price 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 trading hands. The stock had previously closed at $25.82.

Wall Street Analyst Weigh In

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

Check Out Our Latest Research Report on Wal-Mart de México

Wal-Mart de México Stock Up 2.2 %

The stock has a market cap of $46.06 billion, a P/E ratio of 15.09, a PEG ratio of 1.81 and a beta of 0.87. The stock has a fifty day simple moving average of $28.80 and a 200-day simple moving average of $32.36.

Wal-Mart de México (OTCMKTS:WMMVY – Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $0.39 earnings per share for the quarter. The business had revenue of $12.18 billion for the quarter. Wal-Mart de México had a net margin of 5.73% and a return on equity of 26.30%. Sell-side analysts anticipate that Wal-Mart de México, S.A.B. de C.V. will post 1.64 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 given a dividend of $0.2194 per share. This is a boost from Wal-Mart de México’s previous dividend of $0.22. The ex-dividend date of this dividend is Monday, December 9th. Wal-Mart de México’s dividend payout ratio (DPR) is currently 13.71%.

Wal-Mart de México Company Profile

(Get Free Report)

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.