Betterware de Mexico SAPI de C (NYSE:BWMX) Sees Large Volume Increase – Still a Buy?

Shares of Betterware de Mexico SAPI de C (NYSE:BWMX) saw strong trading volume on Tuesday . 104,271 shares were traded during trading, an increase of 17% from the previous session’s volume of 89,278 shares.The stock last traded at $17.28 and had previously closed at $16.51.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on BWMX shares. Freedom Capital upgraded Betterware de Mexico SAPI de C to a “strong-buy” rating in a research note on Friday, January 2nd. Zacks Research raised Betterware de Mexico SAPI de C from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 23rd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Betterware de Mexico SAPI de C Price Performance

The business’s 50 day simple moving average is $14.89. The company has a current ratio of 0.93, a quick ratio of 0.44 and a debt-to-equity ratio of 2.66. The firm has a market capitalization of $698.19 million, a P/E ratio of 13.86 and a beta of 1.24.

Betterware de Mexico SAPI de C Company Profile

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.