Is the Bellamy's Australia Ltd (ASX:BAL) share price in recovery today?

The Bellamy's Australia Ltd (ASX:BAL) share price is up as the stock stages a mini recovery

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The Bellamy's Australia Ltd (ASX: BAL) share price is up 5.6% to $8.20 at the time of writing with no clues in the registry as to why the stock is staging a mini recovery.

The 1-year capital loss on Bellamy's shares is down 34.65% at present, after the Tasmanian-owned baby formula stalwart's shares began to hit the skids back in March.

A surge upwards in the Bellamy's share price is a welcome change for shareholders who must have been getting concerned the good old days would never return, alas its likely not time to pop the champagne just yet.

US and China trade war-related issues have put a dampener on the previously strong sector, but Bellamy's has a debt-free solid balance sheet to lean upon despite these industry headwinds.

While today's rally might not mean the share price is on a definite incline from hereon, investors should keep an eye on Bellamy's movements, alongside other stocks with Chinese interests, namely, A2 Milk Company Ltd (ASX: A2M) and Treasury Wine Estates Ltd (ASX: TWE).

Motley Fool contributor Carin Pickworth has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Treasury Wine Estates Limited. The Motley Fool Australia owns shares of A2 Milk. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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