Nature’s Sunshine Products (NASDAQ:NATR) Stock Price Passes Above 200-Day Moving Average of $18.13

Nature’s Sunshine Products, Inc. (NASDAQ:NATR) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $18.13 and traded as high as $19.22. Nature’s Sunshine Products shares last traded at $19.12, with a volume of 50,781 shares trading hands.

Wall Street Analysts Forecast Growth

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

Nature’s Sunshine Products Stock Performance

The company has a market cap of $359.84 million, a price-to-earnings ratio of 24.83 and a beta of 0.85. The business has a 50-day simple moving average of $19.22 and a 200-day simple moving average of $18.13.

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

Institutional Trading of Nature’s Sunshine Products

Large investors have recently bought and sold shares of the business. Bank of New York Mellon Corp increased its holdings in shares of Nature’s Sunshine Products by 25.0% in the third quarter. Bank of New York Mellon Corp now owns 56,968 shares of the company’s stock valued at $944,000 after purchasing an additional 11,406 shares during the period. Panagora Asset Management Inc. increased its stake in Nature’s Sunshine Products by 25.8% in the 3rd quarter. Panagora Asset Management Inc. now owns 54,146 shares of the company’s stock valued at $897,000 after buying an additional 11,098 shares during the period. New York State Common Retirement Fund raised its position in Nature’s Sunshine Products by 1,027.7% during the 3rd quarter. New York State Common Retirement Fund now owns 6,834 shares of the company’s stock worth $113,000 after buying an additional 6,228 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its stake in shares of Nature’s Sunshine Products by 40.5% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 49,358 shares of the company’s stock worth $818,000 after acquiring an additional 14,222 shares during the period. Finally, Exchange Traded Concepts LLC purchased a new stake in shares of Nature’s Sunshine Products in the fourth quarter valued at about $410,000. Institutional investors and hedge funds own 79.40% of the company’s stock.

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.