Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) Trading Down 2.4% – Should You Sell?

Shares of Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) traded down 2.4% during mid-day trading on Monday . The company traded as low as $13.86 and last traded at $13.8750. 47,691 shares changed hands during trading, an increase of 15% from the average session volume of 41,294 shares. The stock had previously closed at $14.22.

Betterware de México, S.A.P.I. de C.V. Stock Down 2.4%

The firm’s 50-day simple moving average is $13.72 and its 200-day simple moving average is $11.95. The company has a debt-to-equity ratio of 3.85, a quick ratio of 0.50 and a current ratio of 1.07. The company has a market capitalization of $517.77 million, a price-to-earnings ratio of 9.91 and a beta of 1.24.

Betterware de México, S.A.P.I. de C.V. Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Monday, November 3rd were paid a $0.2912 dividend. The ex-dividend date was Monday, November 3rd. This represents a $1.16 annualized dividend and a dividend yield of 8.4%. This is an increase from Betterware de México, S.A.P.I. de C.V.’s previous quarterly dividend of $0.26. Betterware de México, S.A.P.I. de C.V.’s dividend payout ratio is currently 74.29%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bulltick Wealth Management LLC acquired a new stake in shares of Betterware de México, S.A.P.I. de C.V. in the 2nd quarter valued at $86,000. Squarepoint Ops LLC acquired a new position in shares of Betterware de México, S.A.P.I. de C.V. in the 3rd quarter worth approximately $142,000. GSA Capital Partners LLP acquired a new position in shares of Betterware de México, S.A.P.I. de C.V. in the 3rd quarter worth approximately $252,000. Vident Advisory LLC grew its position in Betterware de México, S.A.P.I. de C.V. by 88.9% during the 1st quarter. Vident Advisory LLC now owns 26,226 shares of the company’s stock worth $298,000 after acquiring an additional 12,346 shares during the last quarter. Finally, Quattro Financial Advisors LLC increased its holdings in Betterware de México, S.A.P.I. de C.V. by 250.0% during the 2nd quarter. Quattro Financial Advisors LLC now owns 35,000 shares of the company’s stock valued at $303,000 after purchasing an additional 25,000 shares in the last quarter. 12.72% of the stock is owned by institutional investors.

Betterware de México, S.A.P.I. de C.V. Company Profile

Betterware de México, SAP.I. de C.V. operates as a direct-to-consumer selling company in the United Staes and Mexico. It operates through two segments, Home Organization Products; and Beauty and Personal Care Products. The Home Organization Products segment provides a portfolio of products comprising kitchen and food preservation; home solutions; bedroom; bathroom; laundry and cleaning; wellness; and technology and mobility.