Shares of Nu Skin Enterprises, Inc. (NYSE:NUS - Get Free Report) 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 traded.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded shares of Nu Skin Enterprises from a "hold" rating to a "buy" rating in a research note on Monday, May 12th.
View Our Latest Report on NUS
Nu Skin Enterprises Stock Up 1.0%
The business's fifty day moving average price is $7.64 and its 200 day moving average price is $7.18. 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 firm has a market capitalization of $461.98 million, a PE ratio of -11.69 and a beta of 0.95.
Nu Skin Enterprises (NYSE:NUS - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.08. The company had revenue of $364.49 million during the quarter, compared to analysts' expectations of $352.06 million. Nu Skin Enterprises had a negative net margin of 2.30% and a positive return on equity of 6.99%. On average, equities research analysts forecast that Nu Skin Enterprises, Inc. will post 1.05 earnings per share for the current fiscal year.
Nu Skin Enterprises Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, June 11th. Shareholders of record on Friday, May 30th were issued a $0.06 dividend. The ex-dividend date was Friday, May 30th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.57%. Nu Skin Enterprises's dividend payout ratio (DPR) is presently -30.00%.
Insiders Place Their Bets
In other Nu Skin Enterprises news, insider Steven Keith Hatchett bought 6,500 shares of the business's stock in a transaction dated Wednesday, May 28th. The shares were acquired at an average price of $7.54 per share, with a total value of $49,010.00. Following the purchase, the insider owned 162,065 shares in the company, valued at approximately $1,221,970.10. The trade was a 4.18% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Edwina D. Woodbury sold 4,532 shares of the business's stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $8.44, for a total transaction of $38,250.08. Following the completion of the sale, the director directly owned 42,947 shares of the company's stock, valued at $362,472.68. The trade was a 9.55% decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.00% of the company's stock.
Institutional Trading of Nu Skin Enterprises
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Meeder Asset Management Inc. bought a new stake in shares of Nu Skin Enterprises in the 4th quarter worth approximately $25,000. GAMMA Investing LLC raised its holdings in shares of Nu Skin Enterprises by 102.0% during the first quarter. GAMMA Investing LLC now owns 3,498 shares of the company's stock valued at $25,000 after acquiring an additional 1,766 shares during the period. New York State Teachers Retirement System acquired a new stake in shares of Nu Skin Enterprises during the first quarter valued at approximately $33,000. US Bancorp DE raised its holdings in shares of Nu Skin Enterprises by 424.2% during the fourth quarter. US Bancorp DE now owns 7,460 shares of the company's stock valued at $51,000 after acquiring an additional 6,037 shares during the period. Finally, Public Employees Retirement System of Ohio raised its holdings in shares of Nu Skin Enterprises by 28.5% during the fourth quarter. Public Employees Retirement System of Ohio now owns 7,976 shares of the company's stock valued at $55,000 after acquiring an additional 1,768 shares during the period. 82.84% of the stock is currently owned by institutional investors.
About Nu Skin Enterprises
(
Get Free Report)
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.
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