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Walmart de México's stock price fell below its 50-day average despite a "strong-buy" rating.
Wal-Mart de México's stock price dropped below its 50-day moving average on April 12, reaching $27.17.
Despite this, Barclays upgraded the stock to a "strong-buy" rating on January 20.
Recently, the company reported EPS of $0.43, falling short of analysts' estimates of $0.48.
Meanwhile, Walmart Inc. saw a minor decline in institutional holdings but reported strong earnings, with $0.66 EPS, surpassing estimates.
Analysts predict Walmart will post 2.55 EPS for the year.
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El precio de las acciones de Walmart de México cayó por debajo de su promedio de 50 días, a pesar de una calificación de "compra fuerte".