Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX) Sees Strong Trading Volume - Should You Buy?

Key Points

• Betterware de México, S.A.P.I. de C.V. experienced a significant increase in trading volume on Monday, with 48,895 shares traded, marking an 18% rise from the previous session.
• The company recently cut its dividend, paying shareholders a $0.2463 dividend, which represents a striking dividend yield of 1,058.0%.
• Institutional investors now hold 12.72% of Betterware's stock, with multiple hedge funds increasing their positions in the company during recent quarters.

Betterware de México, S.A.P.I. de C.V. (NASDAQ:BWMX - Get Free Report) saw strong trading volume on Monday . 48,895 shares were traded during trading, an increase of 18% from the previous session's volume of 41,454 shares.The stock last traded at $14.18 and had previously closed at $13.10.

Betterware de México, S.A.P.I. de C.V. Stock Down 0.2%

The company has a debt-to-equity ratio of 3.85, a current ratio of 1.07 and a quick ratio of 0.50. The business's fifty day moving average price is $9.55 and its two-hundred day moving average price is $10.32. The stock has a market capitalization of $497.25 million, a PE ratio of 9.52 and a beta of 1.24.

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

The firm also recently disclosed a dividend, which will be paid on Thursday, August 28th. Shareholders of record on Tuesday, August 12th will be paid a dividend of $0.2566 per share. This represents a yield of 783.0%. The ex-dividend date is Monday, August 11th. This is a positive change from Betterware de México, S.A.P.I. de C.V.'s previous dividend of $0.25. Betterware de México, S.A.P.I. de C.V.'s dividend payout ratio (DPR) is presently 129.11%.

Hedge Funds Weigh In On Betterware de México, S.A.P.I. de C.V.

Institutional investors have recently modified their holdings of the stock. Mmbg Investment Advisors CO. boosted its position in Betterware de México, S.A.P.I. de C.V. by 1.3% in the 1st quarter. Mmbg Investment Advisors CO. now owns 4,145,782 shares of the company's stock worth $47,138,000 after purchasing an additional 55,000 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in Betterware de México, S.A.P.I. de C.V. during the second quarter worth $11,708,000. CWA Asset Management Group LLC boosted its holdings in Betterware de México, S.A.P.I. de C.V. by 49.5% during the first quarter. CWA Asset Management Group LLC now owns 76,140 shares of the company's stock worth $866,000 after buying an additional 25,221 shares in the last quarter. Commons Capital LLC grew its position in Betterware de México, S.A.P.I. de C.V. by 41.6% during the second quarter. Commons Capital LLC now owns 54,468 shares of the company's stock valued at $471,000 after buying an additional 16,000 shares during the period. Finally, Millennium Management LLC increased its holdings in Betterware de México, S.A.P.I. de C.V. by 11.4% in the fourth quarter. Millennium Management LLC now owns 51,738 shares of the company's stock valued at $578,000 after buying an additional 5,301 shares in the last quarter. Hedge funds and other institutional investors own 12.72% of the company's stock.

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.