Nu Skin Enterprises, Inc (NYSE:NUS) price on Friday, May 23, fall -0.82% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $7.26.
A look at the stock’s price movement, the close in the last trading session was $7.32. Turning to its 52-week performance, $13.90 and $5.32 were the 52-week high and 52-week low respectively. Overall, NUS moved 26.92% over the past month.
Nu Skin Enterprises, Inc’s market cap currently stands at around $358.74 million, with investors looking forward to this quarter’s earnings report slated for in June. The company has a Forward Dividend ratio of 0.24, with its dividend yield at 3.31%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.76B, representing a 1.51% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that NUS is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
NUS’s current price about 7.42% and 7.90% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 58.62, while 7-day volatility ratio is 2.59% and 3.99% in the 30-day chart. Further, Nu Skin Enterprises, Inc (NUS) has a beta value of 0.87, and an average true range (ATR) of 0.32. Analysts have given the company’s stock an average 52-week price target of $11, forecast between a low of $11 and high of $11. Looking at the price targets, the low is -51.52% off current price level while to achieve the yearly target high, price needs to move -51.52%. Nonetheless, investors will most likely welcome a -51.52% jump to $11 which is the analysts’ median price.
If we refocus on Nu Skin Enterprises, Inc (NYSE:NUS), historical trading data shows that trading volumes averaged 656.73K over the past 3 months. The company’s latest data on shares outstanding shows there are 49.40 million shares.
The 3.71% of Nu Skin Enterprises, Inc’s shares are in the hands of company insiders while institutional holders own 73.92% of the company’s shares. Current price change has pushed the stock 5.37% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NUS stock continues to rise going into the next quarter.
