Nature’s Sunshine Products (NASDAQ:NATR) Stock Crosses Below 200 Day Moving Average of $17.65

Shares of Nature’s Sunshine Products, Inc. (NASDAQ:NATR) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $17.65 and traded as low as $15.00. Nature’s Sunshine Products shares last traded at $15.02, with a volume of 34,394 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, DA Davidson raised their price objective on 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 Price Performance

The firm has a market cap of $281.32 million, a P/E ratio of 17.67 and a beta of 0.84. The company has a quick ratio of 1.42, a current ratio of 2.33 and a debt-to-equity ratio of 0.01. The business’s 50 day moving average is $16.84 and its two-hundred day moving average is $17.65.

Nature’s Sunshine Products (NASDAQ:NATR) last posted its quarterly earnings data on Tuesday, May 7th. The company reported $0.12 earnings per share for the quarter. The firm had revenue of $110.99 million during the quarter. Nature’s Sunshine Products had a return on equity of 10.59% and a net margin of 3.69%.

Hedge Funds Weigh In On Nature’s Sunshine Products

A number of institutional investors and hedge funds have recently modified their holdings of NATR. Tower Research Capital LLC TRC increased its stake in shares of Nature’s Sunshine Products by 376.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 4,231 shares of the company’s stock valued at $73,000 after acquiring an additional 3,343 shares in the last quarter. New York State Common Retirement Fund increased its stake in 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 purchasing an additional 6,228 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Nature’s Sunshine Products during the fourth quarter valued at about $125,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Nature’s Sunshine Products during the fourth quarter valued at about $139,000. Finally, Lazard Asset Management LLC boosted its position in shares of Nature’s Sunshine Products by 16.5% during the 1st quarter. Lazard Asset Management LLC now owns 7,040 shares of the company’s stock worth $146,000 after purchasing an additional 998 shares in the last quarter. 79.40% of the stock is currently owned by institutional investors.

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.