Nu Skin Enterprises (NYSE:NUS) Share Price Crosses Above 200 Day Moving Average - What's Next?

Nu Skin Enterprises, Inc. (NYSE:NUS - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 changing hands.

Analyst Upgrades and Downgrades

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

Nu Skin Enterprises Stock Down 0.8%

The stock's fifty day simple moving average is $7.77 and its two-hundred day simple moving average is $7.21. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.02 and a quick ratio of 1.29. The company has a market capitalization of $457.56 million, a price-to-earnings ratio of -11.57 and a beta of 0.95.

Nu Skin Enterprises (NYSE:NUS - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.08. The business 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, sell-side analysts predict 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 disclosed a quarterly dividend, which was paid on Wednesday, June 11th. Investors of record on Friday, May 30th were given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date was Friday, May 30th. Nu Skin Enterprises's payout ratio is presently -30.00%.

Insider Buying and Selling

In other Nu Skin Enterprises news, Director Edwina D. Woodbury sold 4,532 shares of the business's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $8.44, for a total value 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Steven Keith Hatchett acquired 6,500 shares of the firm's stock in a transaction that occurred on Wednesday, May 28th. The shares were purchased at an average cost of $7.54 per share, with a total value 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 trade represents a 4.18% increase in their position. The disclosure for this purchase can be found here. Insiders own 2.00% of the company's stock.

Institutional Trading of Nu Skin Enterprises

Large investors have recently modified their holdings of the company. Two Sigma Investments LP boosted its holdings in shares of Nu Skin Enterprises by 24.2% during the 4th quarter. Two Sigma Investments LP now owns 700,500 shares of the company's stock worth $4,826,000 after buying an additional 136,624 shares during the period. Man Group plc raised its stake in Nu Skin Enterprises by 125.5% during the 4th quarter. Man Group plc now owns 102,836 shares of the company's stock valued at $709,000 after purchasing an additional 57,235 shares during the last quarter. Bank of Montreal Can acquired a new position in Nu Skin Enterprises during the 4th quarter valued at $80,000. MetLife Investment Management LLC raised its stake in Nu Skin Enterprises by 36.2% during the 4th quarter. MetLife Investment Management LLC now owns 30,429 shares of the company's stock valued at $210,000 after purchasing an additional 8,091 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. raised its stake in Nu Skin Enterprises by 15.5% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 2,251,352 shares of the company's stock valued at $15,512,000 after purchasing an additional 301,295 shares during the last quarter. 82.84% of the stock is 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.