Nusatrip (NASDAQ:NUTR) Trading Down 0.4% - What's Next?

Key Points

• NUSATRIP (NASDAQ:NUTR) shares slid about 0.4% to a last trade of $9.00 after touching $8.65, with roughly 901,200 shares traded; the 50-day moving average is $9.00 and the 200-day moving average is $8.86.
• The stock carries a consensus Sell rating, with Weiss Ratings recently restating a "sell (e)" recommendation.
• Several institutional investors have recently initiated or increased positions—including JPMorgan Chase, Citadel Advisors, Squarepoint Ops, Scientech Research—and Jump Financial raised its stake to 21,400 shares (about $193,000).

Nusatrip Incorporated (NASDAQ:NUTR - Get Free Report)'s stock price fell 0.4% during trading on Thursday . The company traded as low as $8.65 and last traded at $9.00. 901,200 shares were traded during mid-day trading, The stock had previously closed at $9.04.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a "sell (e)" rating on shares of Nusatrip in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of "Sell".

Nusatrip Price Performance

The firm's 50-day moving average is $9.00 and its 200-day moving average is $8.86.

Institutional Trading of Nusatrip

Hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. acquired a new stake in Nusatrip in the 3rd quarter valued at $25,000. Citadel Advisors LLC bought a new stake in Nusatrip during the 3rd quarter worth approximately $126,000. Jump Financial LLC increased its holdings in Nusatrip by 10.3% during the 4th quarter. Jump Financial LLC now owns 21,400 shares of the company's stock worth $193,000 after purchasing an additional 2,000 shares in the last quarter. Squarepoint Ops LLC bought a new position in shares of Nusatrip in the third quarter valued at approximately $179,000. Finally, Scientech Research LLC bought a new position in shares of Nusatrip in the third quarter valued at approximately $180,000.

About Nusatrip

Nutraceutical International Corporation is an integrated manufacturer, marketer, distributor and retailer of nutritional supplements and other natural products. The Company's products include vitamins and minerals; herbs; specialty formulas; personal care products; liquid nutritional products; homeopathics; functional foods, and other products. It offers its products to and through domestic health and natural food stores. It acts as a distributor to the Healthy Foods Channel and to certain international markets for certain third-party brands.

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