Nu Skin Enterprises Inc. (NYSE:NUS) in Focus
[ZACKS] Nu Skin Enterprises, Inc. (NYSE:NUS)(TREND ANALYSIS), Are you a technical investor? If so, it may be time to consider Nu Skin Enterprises Inc. (NUS) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for NUS.
This trend may have already begun, as shares of NUS have moved by higher by 5% in just the past month. Plus, NUS has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Nu Skin has plenty of life left.
Stock Performance: Click here for a free comprehensive Trend Analysis Report
The company is currently valued at $3.65 billion and closed the last trading session at $61.36. The stock has 50-day moving average of $54.35 and a 200-day moving average of $50.51.
Nu Skin Enterprises, Inc. (NYSE:NUS) is currently trading 31.59% below its 52-week-high, 60.97% above its 52-week-low and in the range of $51.18-$62.87 over the past month. The 1-year range for the stock is $38.12-$89.69. Nu Skin Enterprises, Inc. (NUS) has a price to book ratio of 3.84 versus S&P 500 average of 2.86. The company’s share price has outperformed the S&P 500 year to date by over 39.23%.
Nu Skin Enterprises, Inc. (NUS) current short interest stands at 7,279,682 shares. It has increased by 11% from the same period of last month. Around 12.5% of the company’s shares, which are float, are short sold. With a 30-days average daily volume of 989,988 shares, the number of days required to cover the short positions stand at 8.2 days.
Stock Analyst Perspectives: Click here for a free Trend Analysis Report
There are currently twelve analysts that we track that cover NUS. Of those twelve, six have a buy rating, four have a hold rating, and two have a sell rating. On a consensus basis this yields to a Buy. The overall consensus target price stands at $60.86 which represents a downside difference of -0.82% from the last closing price of $61.36.
BTIG LLC maintained their neutral stance on March 25th. Another research firm, Sidoti& Company LLC, reiterated their buy stance on March 20th, with a target price of $66, which translates into an upside of 7.56%. Finally, CanaccordGenuity Corp maintained their hold stance on February 05th, with a target price of $51.
Company Profile
Nu Skin Enterprises, Inc. is a global direct selling company. The Company distributes premium quality personal care products and nutritional supplements. Nu Skin markets its products in the Americas, Europe, and the Asia Pacific region. The Company provides marketing and distribution of technology-based products through Big Planet, Inc.
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