Betterware de Mexico SAPI de C (NYSE:BWMX) Upgraded at Zacks Research

Betterware de Mexico SAPI de C (NYSE:BWMX) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Separately, Weiss Ratings reiterated a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a research report on Monday. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.

Betterware de Mexico SAPI de C Stock Performance

NYSE:BWMX opened at $13.79 on Tuesday. The company has a quick ratio of 0.44, a current ratio of 0.93 and a debt-to-equity ratio of 2.66. The stock’s 50-day simple moving average is $14.00. Betterware de Mexico SAPI de C has a 52 week low of $7.00 and a 52 week high of $15.00. The company has a market cap of $514.64 million, a P/E ratio of 9.85 and a beta of 1.24.

About Betterware de Mexico SAPI de C

Betterware de Mexico SAPI de C.V. is a Mexico City–based home solutions company that designs, sources and distributes a broad portfolio of organizational and household products. Through a direct-to-consumer model, Betterware offers storage and organization items, kitchenware, cleaning tools, personal care accessories and pet care products. The company leverages both digital channels and a catalog-driven distribution network to reach end customers, pairing an e-commerce platform with an independent sales advisor network.

Founded in 1995, Betterware has built a multi-channel sales infrastructure that relies on regional distribution centers and a large community of independent representatives.