Betterware de Mexico SAPI de C (NYSE:BWMX) Shares Gap Down – Time to Sell?

Betterware de Mexico SAPI de C (NYSE:BWMX)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $14.52, but opened at $13.99. Betterware de Mexico SAPI de C shares last traded at $14.23, with a volume of 840 shares trading hands.

Analyst Ratings Changes

A number of equities analysts recently weighed in on BWMX shares. Zacks Research downgraded shares of Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a research note on Monday, October 27th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a report on Monday. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Betterware de Mexico SAPI de C currently has an average rating of “Reduce”.

Betterware de Mexico SAPI de C Stock Performance

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’s 50 day simple moving average is $13.93. The company has a market cap of $516.51 million, a P/E ratio of 9.89 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.