Natural Grocers by Vitamin Cottage (NYSE:NGVC) Stock Rating Upgraded by StockNews.com

Natural Grocers by Vitamin Cottage (NYSE:NGVC) was upgraded by StockNews.com from a “buy” rating to a “strong-buy” rating in a report released on Friday.

Natural Grocers by Vitamin Cottage Stock Up 25.8 %

NGVC stock opened at $45.60 on Friday. Natural Grocers by Vitamin Cottage has a one year low of $14.31 and a one year high of $45.61. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.96. The firm’s fifty day moving average is $29.36 and its 200 day moving average is $25.23. The firm has a market cap of $1.04 billion, a PE ratio of 30.81 and a beta of 1.23.

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

Hedge funds have recently made changes to their positions in the company. EntryPoint Capital LLC purchased a new stake in shares of Natural Grocers by Vitamin Cottage during the first quarter worth $36,000. Virtus Investment Advisers Inc. acquired a new position in Natural Grocers by Vitamin Cottage during the third quarter worth about $126,000. CreativeOne Wealth LLC purchased a new stake in Natural Grocers by Vitamin Cottage during the 3rd quarter valued at about $202,000. Hancock Whitney Corp acquired a new stake in Natural Grocers by Vitamin Cottage in the 3rd quarter valued at about $214,000. Finally, State Board of Administration of Florida Retirement System purchased a new position in Natural Grocers by Vitamin Cottage in the 1st quarter worth approximately $216,000. Institutional investors and hedge funds own 31.99% of the company’s stock.

Natural Grocers by Vitamin Cottage Company Profile

Natural Grocers by Vitamin Cottage, Inc, together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company’s stores offer natural and organic grocery products, such as organic produce; private label repackaged bulk products, including dried fruits, nuts, grains, granolas, teas, herbs, and spices, as well as peanut and almond butters; private label products comprising grocery staples, household products, bulk foods, and vitamins and dietary supplements, as well as organic eggs, organic flavored coffee, and organic mustard; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products.