Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) Stock Price Down 3.3%

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX)’s stock price dropped 3.3% on Monday . The company traded as low as $14.01 and last traded at $14.19. Approximately 13,588 shares changed hands during trading, a decline of 67% from the average daily volume of 40,985 shares. The stock had previously closed at $14.68.

Betterware de México, S.A.P.I. de C.V. Stock Down 3.8 %

The company has a quick ratio of 0.50, a current ratio of 1.03 and a debt-to-equity ratio of 3.01. The company has a market capitalization of $526.96 million, a PE ratio of 8.20 and a beta of 1.37. The company’s 50 day moving average is $14.83 and its two-hundred day moving average is $16.44.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last issued its quarterly earnings data on Thursday, July 25th. The company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.04. Betterware de México, S.A.P.I. de C.V. had a return on equity of 82.51% and a net margin of 8.84%. The firm had revenue of $196.83 million during the quarter, compared to analyst estimates of $187.54 million. On average, analysts anticipate that Betterware de México, S.A.P.I. de C.V. will post 1.85 earnings per share for the current year.

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

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 7th. Shareholders of record on Tuesday, July 30th were paid a $0.3398 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 9.63%. The ex-dividend date of this dividend was Tuesday, July 30th. Betterware de México, S.A.P.I. de C.V.’s payout ratio is 75.42%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of BWMX. Acadian Asset Management LLC raised its stake in Betterware de México, S.A.P.I. de C.V. by 195.0% during the first quarter. Acadian Asset Management LLC now owns 32,473 shares of the company’s stock valued at $642,000 after purchasing an additional 21,467 shares in the last quarter. Lazard Asset Management LLC raised its position in shares of Betterware de México, S.A.P.I. de C.V. by 56.6% during the 1st quarter. Lazard Asset Management LLC now owns 14,121 shares of the company’s stock valued at $282,000 after buying an additional 5,104 shares in the last quarter. Sagil Capital LLP lifted its holdings in shares of Betterware de México, S.A.P.I. de C.V. by 37.4% in the 4th quarter. Sagil Capital LLP now owns 73,534 shares of the company’s stock valued at $1,025,000 after acquiring an additional 20,000 shares during the last quarter. Quadrature Capital Ltd purchased a new position in Betterware de México, S.A.P.I. de C.V. in the first quarter worth about $497,000. Finally, CWA Asset Management Group LLC bought a new stake in Betterware de México, S.A.P.I. de C.V. during the fourth quarter worth approximately $467,000. 12.72% of the stock is currently 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.