BBB Foods Inc. (NYSE:TBBB - Get Free Report) traded down 2.4% during mid-day trading on Wednesday . The company traded as low as $29.92 and last traded at $29.93. 23,464 shares were traded during trading, a decline of 96% from the average session volume of 605,305 shares. The stock had previously closed at $30.68.
BBB Foods Stock Performance
The company has a quick ratio of 0.54, a current ratio of 0.79 and a debt-to-equity ratio of 1.72. The stock's 50 day simple moving average is $30.28 and its two-hundred day simple moving average is $29.58.
Institutional Investors Weigh In On BBB Foods
Institutional investors have recently added to or reduced their stakes in the stock. Hood River Capital Management LLC raised its stake in shares of BBB Foods by 118.5% in the 2nd quarter. Hood River Capital Management LLC now owns 4,958 shares of the company's stock valued at $119,000 after purchasing an additional 2,689 shares during the period. Federated Hermes Inc. bought a new position in shares of BBB Foods during the second quarter worth about $143,000. Verdence Capital Advisors LLC acquired a new stake in BBB Foods in the 3rd quarter valued at approximately $224,000. Virtu Financial LLC bought a new stake in BBB Foods in the 3rd quarter valued at approximately $230,000. Finally, XTX Topco Ltd acquired a new position in BBB Foods during the 2nd quarter worth approximately $289,000. 8.42% of the stock is owned by institutional investors.
About BBB Foods
(
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BBB Foods Inc, through its subsidiaries, operates a chain of grocery retail stores in Mexico. It offers household cleaning, personal hyenine, cosmetics and beauty, pharmacy, and general merchandise products, as well as jellies and desserts, foods and drinks, pet supplies, coffee, tea, chocolates, breads, dry and frozen foods, snacks and sweets, and toilet papers and napkins.
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