Nature’s Sunshine Products (NASDAQ:NATR) Stock Price Crosses Above Two Hundred Day Moving Average of $17.98

Nature’s Sunshine Products, Inc. (NASDAQ:NATR)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $17.98 and traded as high as $19.60. Nature’s Sunshine Products shares last traded at $19.42, with a volume of 51,067 shares traded.

Wall Street Analyst Weigh In

Separately, DA Davidson increased their target price on shares of Nature’s Sunshine Products from $21.50 to $24.00 and gave the stock a “buy” rating in a research report on Wednesday, March 13th.

Nature’s Sunshine Products Stock Up 0.4 %

The stock has a market capitalization of $366.99 million, a price-to-earnings ratio of 25.32 and a beta of 0.82. The company’s 50-day simple moving average is $19.03 and its 200 day simple moving average is $18.01.

Nature’s Sunshine Products (NASDAQ:NATR) last posted its earnings results on Tuesday, March 12th. The company reported $0.45 EPS for the quarter. The firm had revenue of $108.94 million for the quarter. Nature’s Sunshine Products had a net margin of 3.39% and a return on equity of 12.25%.

Institutional Investors Weigh In On Nature’s Sunshine Products

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC lifted its stake in shares of Nature’s Sunshine Products by 376.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,231 shares of the company’s stock valued at $73,000 after buying an additional 3,343 shares during the period. New York State Common Retirement Fund lifted its stake in shares of Nature’s Sunshine Products by 1,027.7% in the third quarter. New York State Common Retirement Fund now owns 6,834 shares of the company’s stock valued at $113,000 after buying an additional 6,228 shares during the period. SG Americas Securities LLC bought a new stake in shares of Nature’s Sunshine Products in the fourth quarter valued at about $125,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Nature’s Sunshine Products in the fourth quarter valued at about $139,000. Finally, Williams & Novak LLC bought a new stake in shares of Nature’s Sunshine Products in the fourth quarter valued at about $201,000. 79.40% of the stock is owned by institutional investors and hedge funds.

About Nature’s Sunshine Products

Nature's Sunshine Products, Inc, a natural health and wellness company, manufactures and sells nutritional and personal care products in Asia, Europe, North America, Latin America, and internationally. It offers general health products related to blood sugar support, bone health, cellular health, cognitive function, joint health, mood, sexual health, sleep, sports and energy, and vision.