Shares of BBB Foods Inc. (NYSE:TBBB – Get Free Report) dropped 2.4% during trading on Wednesday . The company traded as low as $29.92 and last traded at $29.93. Approximately 23,464 shares changed hands during mid-day trading, a decline of 96% from the average daily 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 business’s 50 day moving average price is $30.23 and its two-hundred day moving average price is $29.59.
Institutional Trading of BBB Foods
A number of hedge funds have recently added to or reduced their stakes in TBBB. SG Americas Securities LLC bought a new position in shares of BBB Foods in the 4th quarter valued at $375,000. JPMorgan Chase & Co. raised its position in BBB Foods by 0.6% in the third quarter. JPMorgan Chase & Co. now owns 1,274,625 shares of the company’s stock valued at $38,239,000 after purchasing an additional 7,014 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of BBB Foods during the third quarter valued at about $230,000. Public Employees Retirement System of Ohio bought a new stake in shares of BBB Foods during the third quarter worth about $24,694,000. Finally, XTX Topco Ltd grew its holdings in shares of BBB Foods by 95.9% during the third quarter. XTX Topco Ltd now owns 23,756 shares of the company’s stock worth $713,000 after purchasing an additional 11,632 shares during the last quarter. Institutional investors and hedge funds own 8.42% of the company’s stock.
BBB Foods Company Profile
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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