Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) Sees Large Volume Increase

Shares of Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) saw unusually-strong trading volume on Monday . Approximately 33,819 shares traded hands during trading, a decline of 26% from the previous session’s volume of 45,473 shares.The stock last traded at $16.01 and had previously closed at $17.18.

Betterware de México, S.A.P.I. de C.V. Trading Down 2.8 %

The stock has a 50 day moving average of $18.38 and a 200-day moving average of $15.45. The company has a market capitalization of $641.10 million, a P/E ratio of 9.60 and a beta of 1.38. The company has a current ratio of 1.04, a quick ratio of 0.55 and a debt-to-equity ratio of 3.17.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) last posted its quarterly earnings results on Thursday, February 22nd. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.34. Betterware de México, S.A.P.I. de C.V. had a return on equity of 83.58% and a net margin of 8.64%. The company had revenue of $194.06 million for the quarter, compared to analysts’ expectations of $174.51 million. On average, research analysts predict that Betterware de México, S.A.P.I. de C.V. will post 2.02 EPS for the current year.

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

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Friday, March 8th were issued a $0.3521 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This is a boost from Betterware de México, S.A.P.I. de C.V.’s previous quarterly dividend of $0.27. This represents a $1.41 dividend on an annualized basis and a yield of 8.43%. Betterware de México, S.A.P.I. de C.V.’s payout ratio is currently 78.77%.

Institutional Trading of Betterware de México, S.A.P.I. de C.V.

Several hedge funds have recently modified their holdings of BWMX. O Shaughnessy Asset Management LLC purchased a new stake in shares of Betterware de México, S.A.P.I. de C.V. during the 3rd quarter worth approximately $808,000. Acadian Asset Management LLC purchased a new stake in shares of Betterware de México, S.A.P.I. de C.V. during the 3rd quarter worth approximately $548,000. CWA Asset Management Group LLC purchased a new stake in shares of Betterware de México, S.A.P.I. de C.V. during the 4th quarter worth approximately $467,000. D.A. Davidson & CO. purchased a new stake in Betterware de México, S.A.P.I. de C.V. during the 4th quarter valued at $406,000. Finally, Sagil Capital LLP raised its holdings in Betterware de México, S.A.P.I. de C.V. by 37.4% during the 4th quarter. Sagil Capital LLP now owns 73,534 shares of the company’s stock valued at $1,025,000 after buying an additional 20,000 shares during the period. 12.72% of the stock is owned by hedge funds and other institutional investors.

About Betterware de México, S.A.P.I. de C.V.

Betterware de México, SAP.I. de C.V. operates as a direct-to-consumer company. It operates through two segments, The Home Organization Products (Betterware or BWM); and The Beauty and Personal Care Products (JAFRA). The Betterware or BWM segment provides a portfolio of products comprising kitchen and food preservation; home solutions; bedroom; bathroom; laundry and cleaning; and technology and mobility.