Looking For A Top Momentum Stock? Check Out Nu Skin Enterprises, Inc (NYSE: NUS)

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Nu Skin Enterprises, Inc (NYSE:NUS) shares, rose in value on Friday, November 22, with the stock price down by -1.10% to the previous day’s close as strong demand from buyers drove the stock to $7.22.

Actively observing the price movement in the last trading, the stock closed the session at $7.30, falling within a range of $7.15 and $7.435. The value of beta (5-year monthly) was 1.13. Referring to stock’s 52-week performance, its high was $20.75, and the low was $5.95. On the whole, NUS has fluctuated by 14.97% over the past month.

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With the market capitalization of Nu Skin Enterprises, Inc currently standing at about $358.91 million, investors are eagerly awaiting this quarter’s results, scheduled for in December. The company’s Forward Dividend Ratio is 0.57, with its dividend yield at 7.89%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.73B, with a low estimate of 434.6M and a high estimate of 447.3M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 439.26M.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NUS’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the price of NUS currently trading nearly 4.89% and 7.09% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 55.13, while the 7-day volatility ratio is showing 5.79% which for the 30-day chart, stands at 5.77%. Furthermore, Nu Skin Enterprises, Inc (NUS)’s beta value is 1.18, and its average true range (ATR) is 0.40.

A comparison of Nu Skin Enterprises, Inc (NUS) with its peers suggests the former has fared considerably weaker in the market. NUS showed an intraday change of -1.10% in last session, and over the past year, it shrunk by -57.43%%.

Data on historical trading for Nu Skin Enterprises, Inc (NYSE:NUS) indicates that the trading volumes over the past 10 days have averaged 0.92 and over the past 3 months, they’ve averaged 1.10 million. According to company’s latest data on outstanding shares, there are 49.50 million shares outstanding.

Nearly 2.37% of Nu Skin Enterprises, Inc’s shares belong to company insiders and institutional investors own 79.42% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.56 million shares as on 2024-10-31, resulting in a short ratio of 2.08. According to the data, the short interest in Nu Skin Enterprises, Inc (NUS) stood at 452.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 1.34 million. The stock has fallen by -62.82% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NUS stock heading into the next quarter.

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