Betterware de Mexico SAPI de C (NYSE:BWMX) Upgraded to “Strong-Buy” at Freedom Capital

Freedom Capital upgraded shares of Betterware de Mexico SAPI de C (NYSE:BWMX) to a strong-buy rating in a research note published on Friday morning,Zacks.com reports.

A number of other brokerages also recently weighed in on BWMX. Zacks Research raised shares of Betterware de Mexico SAPI de C from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 23rd. Weiss Ratings restated a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Betterware de Mexico SAPI de C Stock Up 11.0%

Betterware de Mexico SAPI de C stock opened at $15.77 on Friday. The firm has a 50-day simple moving average of $14.17. The company has a market capitalization of $588.54 million, a PE ratio of 11.26 and a beta of 1.24. The company has a debt-to-equity ratio of 2.66, a current ratio of 0.93 and a quick ratio of 0.44. Betterware de Mexico SAPI de C has a 12-month low of $7.00 and a 12-month high of $15.85.

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.