Nu Skin Enterprises (NYSE:NUS) Share Price Crosses Above 200 Day Moving Average - Should You Sell?

Nu Skin Enterprises, Inc. (NYSE:NUS - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.18 and traded as high as $9.29. Nu Skin Enterprises shares last traded at $9.25, with a volume of 462,350 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Nu Skin Enterprises from a "hold" rating to a "buy" rating in a research note on Monday, May 12th.

Nu Skin Enterprises Trading Down 0.2%

The firm has a market cap of $461.00 million, a PE ratio of -11.66 and a beta of 0.95. The company has a quick ratio of 1.29, a current ratio of 2.02 and a debt-to-equity ratio of 0.29. The company's 50 day moving average price is $7.77 and its two-hundred day moving average price is $7.21.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.08. The business had revenue of $364.49 million for the quarter, compared to the consensus estimate of $352.06 million. Nu Skin Enterprises had a negative net margin of 2.30% and a positive return on equity of 6.99%. As a group, sell-side analysts forecast that Nu Skin Enterprises, Inc. will post 1.05 EPS for the current year.

Nu Skin Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 11th. Shareholders of record on Friday, May 30th were issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 2.57%. The ex-dividend date was Friday, May 30th. Nu Skin Enterprises's payout ratio is -30.00%.

Insider Activity

In other Nu Skin Enterprises news, Director Edwina D. Woodbury sold 4,532 shares of the stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $8.44, for a total transaction of $38,250.08. Following the transaction, the director directly owned 42,947 shares in the company, valued at $362,472.68. This represents a 9.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Steven Keith Hatchett bought 6,500 shares of the company's stock in a transaction on Wednesday, May 28th. The shares were acquired at an average price of $7.54 per share, for a total transaction of $49,010.00. Following the completion of the acquisition, the insider owned 162,065 shares in the company, valued at $1,221,970.10. This represents a 4.18% increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NUS. Bank of New York Mellon Corp grew its holdings in Nu Skin Enterprises by 18.5% during the 4th quarter. Bank of New York Mellon Corp now owns 613,330 shares of the company's stock worth $4,226,000 after acquiring an additional 95,938 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Nu Skin Enterprises in the 4th quarter valued at about $115,000. US Bancorp DE boosted its holdings in shares of Nu Skin Enterprises by 424.2% in the 4th quarter. US Bancorp DE now owns 7,460 shares of the company's stock valued at $51,000 after buying an additional 6,037 shares in the last quarter. Victory Capital Management Inc. bought a new stake in shares of Nu Skin Enterprises in the 4th quarter valued at about $141,000. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Nu Skin Enterprises by 2,412.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 8,215 shares of the company's stock valued at $57,000 after buying an additional 7,888 shares in the last quarter. 82.84% of the stock is currently owned by institutional investors.

Nu Skin Enterprises Company Profile

Nu Skin Enterprises, Inc, together with its subsidiaries, engages in the development and distribution of various beauty and wellness products worldwide. It offers skin care devices, cosmetics, and other personal care products, including ageLOC LumiSpa and ageLOC LumiSpa iO; and nutricentials skin care products.