Nature’s Sunshine Products (NASDAQ:NATR) Share Price Passes Below 200-Day Moving Average of $17.56

Nature’s Sunshine Products, Inc. (NASDAQ:NATR)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $17.56 and traded as low as $14.78. Nature’s Sunshine Products shares last traded at $15.00, with a volume of 67,473 shares trading hands.

Analyst Upgrades and Downgrades

Separately, DA Davidson boosted their price objective 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 Performance

The company has a market cap of $280.95 million, a P/E ratio of 17.65 and a beta of 0.87. The stock has a fifty day moving average price of $16.20 and a two-hundred day moving average price of $17.56. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.33 and a quick ratio of 1.42.

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. Nature’s Sunshine Products had a net margin of 3.69% and a return on equity of 10.59%. The company had revenue of $110.99 million during the quarter.

Insider Buying and Selling

In other news, EVP Bryant J. Yates sold 3,068 shares of the firm’s stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $15.30, for a total transaction of $46,940.40. Following the transaction, the executive vice president now owns 98,852 shares in the company, valued at approximately $1,512,435.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 4.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC raised its holdings in Nature’s Sunshine Products by 376.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,231 shares of the company’s stock worth $73,000 after purchasing an additional 3,343 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Nature’s Sunshine Products during the fourth quarter worth about $125,000. Allspring Global Investments Holdings LLC acquired a new stake in Nature’s Sunshine Products in the 4th quarter valued at approximately $139,000. Lazard Asset Management LLC lifted its stake in Nature’s Sunshine Products by 16.5% in the 1st quarter. Lazard Asset Management LLC now owns 7,040 shares of the company’s stock valued at $146,000 after acquiring an additional 998 shares in the last quarter. Finally, Williams & Novak LLC acquired a new position in Nature’s Sunshine Products during the 4th quarter worth approximately $201,000. 79.40% of the stock is currently owned by institutional investors and hedge funds.

Nature’s Sunshine Products Company Profile

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.