Wal-Mart de México (OTCMKTS:WMMVY) Raised to “Strong-Buy” at Barclays

Wal-Mart de México (OTCMKTS:WMMVY) was upgraded by stock analysts at Barclays from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Wal-Mart de México Stock Performance

Shares of OTCMKTS WMMVY traded up $1.41 during midday trading on Monday, hitting $27.32. 245,951 shares of the stock traded hands, compared to its average volume of 86,934. The firm has a 50-day moving average of $27.35 and a two-hundred day moving average of $30.08. The firm has a market capitalization of $47.66 billion, a P/E ratio of 15.61, a PEG ratio of 1.81 and a beta of 0.85. Wal-Mart de México has a one year low of $25.01 and a one year high of $43.90.

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 for the quarter. Wal-Mart de México had a return on equity of 26.30% and a net margin of 5.73%. Equities analysts forecast that Wal-Mart de México will post 1.64 earnings per share for the current fiscal year.

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.