Nature’s Sunshine Products (NASDAQ:NATR) Shares Pass Above Two Hundred Day Moving Average of $17.98

Nature’s Sunshine Products, Inc. (NASDAQ:NATR) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $17.98 and traded as high as $19.60. Nature’s Sunshine Products shares last traded at $19.42, with a volume of 51,067 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, DA Davidson boosted their target price on Nature’s Sunshine Products from $21.50 to $24.00 and gave the stock a “buy” rating in a research report on Wednesday, March 13th.

Nature’s Sunshine Products Price Performance

The company has a 50 day simple moving average of $18.97 and a 200-day simple moving average of $17.98. The stock has a market cap of $365.48 million, a P/E ratio of 25.22 and a beta of 0.82.

Nature’s Sunshine Products (NASDAQ:NATR) last released its earnings results on Tuesday, March 12th. The company reported $0.45 earnings per share for the quarter. The company had revenue of $108.94 million during the quarter. Nature’s Sunshine Products had a return on equity of 12.25% and a net margin of 3.39%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC grew its stake in shares of Nature’s Sunshine Products by 376.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 4,231 shares of the company’s stock worth $73,000 after buying an additional 3,343 shares during the last quarter. New York State Common Retirement Fund raised its holdings in Nature’s Sunshine Products by 1,027.7% in the 3rd quarter. New York State Common Retirement Fund now owns 6,834 shares of the company’s stock worth $113,000 after purchasing an additional 6,228 shares during the period. SG Americas Securities LLC bought a new position in Nature’s Sunshine Products in the 4th quarter worth $125,000. Allspring Global Investments Holdings LLC purchased a new stake in Nature’s Sunshine Products in the 4th quarter worth $139,000. Finally, Williams & Novak LLC purchased a new stake in Nature’s Sunshine Products in the 4th quarter worth $201,000. Institutional investors own 79.40% of the company’s stock.

About Nature’s Sunshine Products

Nature's Sunshine Products, Inc, a natural health and wellness company, manufactures and sells nutritional and personal care products in Asia, Europe, North America, Latin America, and internationally. It offers general health products related to blood sugar support, bone health, cellular health, cognitive function, joint health, mood, sexual health, sleep, sports and energy, and vision.