Betterware de Mexico SAPI de C (NYSE:BWMX) Shares Gap Down – Here’s What Happened

Betterware de Mexico SAPI de C (NYSE:BWMX) shares gapped down before the market opened 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.

Wall Street Analysts Forecast Growth

BWMX has been the subject of a number of analyst reports. Zacks Research downgraded shares of Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Weiss Ratings restated a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a research note on Monday. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce”.

Betterware de Mexico SAPI de C Trading Down 0.1%

The company has a market cap of $522.44 million, a PE ratio of 10.00 and a beta of 1.24. The business has a 50 day simple moving average of $13.88. The company has a debt-to-equity ratio of 2.66, a quick ratio of 0.44 and a current ratio of 0.93.

Betterware de Mexico SAPI de C Company Profile

Betterware de Mexico, SAB. de C.V. operates as a direct-to-consumer company in Mexico. The company focuses on the home organization segment with a product portfolio, including home solutions, kitchen and food preservation, technology and mobility, and other categories. It serves approximately 3 million households through distributors and associates in approximately 800 communities throughout Mexico.