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

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) shares saw unusually-high trading volume on Friday . Approximately 36,494 shares were traded during trading, a decline of 9% from the previous session’s volume of 40,138 shares.The stock last traded at $14.7850 and had previously closed at $14.21.

Betterware de México, S.A.P.I. de C.V. Stock Up 6.2%

The firm’s 50-day moving average price is $14.13 and its two-hundred day moving average price is $12.65. 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 firm has a market cap of $562.93 million, a PE ratio of 10.78 and a beta of 1.24.

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

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Monday, November 3rd were issued a dividend of $0.2912 per share. The ex-dividend date of this dividend was Monday, November 3rd. This is a positive change from Betterware de México, S.A.P.I. de C.V.’s previous quarterly dividend of $0.26. This represents a $1.16 annualized dividend and a dividend yield of 7.7%. Betterware de México, S.A.P.I. de C.V.’s dividend payout ratio is 74.29%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its holdings in shares of Betterware de México, S.A.P.I. de C.V. by 2.4% in the third quarter. BNP Paribas Financial Markets now owns 53,166 shares of the company’s stock valued at $715,000 after acquiring an additional 1,264 shares during the period. Bulltick Wealth Management LLC acquired a new stake in Betterware de México, S.A.P.I. de C.V. during the 2nd quarter worth $86,000. Squarepoint Ops LLC acquired a new stake in Betterware de México, S.A.P.I. de C.V. during the 3rd quarter worth $142,000. 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 purchasing an additional 12,346 shares during the last quarter. Finally, Commons Capital LLC increased its stake in Betterware de México, S.A.P.I. de C.V. by 41.6% in the second quarter. Commons Capital LLC now owns 54,468 shares of the company’s stock valued at $471,000 after purchasing an additional 16,000 shares during the period. Institutional investors and hedge funds own 12.72% of the company’s stock.

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

Betterware de México, SAP.I. de C.V. is a Mexican direct-to-consumer company specializing in household and home-organization products. The company designs, sources and markets a wide range of plastic and metal items for kitchen, laundry, bathroom and general home use. Betterware’s product suite also includes storage solutions, cleaning accessories, garden tools and seasonal décor, all of which are positioned to help consumers maximize space and streamline daily chores.

To reach its customers, Betterware employs a hybrid distribution model combining a network of independent advisors with digital sales channels.