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

Nature’s Sunshine Products, Inc. (NASDAQ:NATR) crossed 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.

Analyst Upgrades and Downgrades

Separately, DA Davidson raised their price target on shares of 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 Stock Performance

The stock has a market cap of $365.48 million, a price-to-earnings ratio of 25.22 and a beta of 0.82. The company’s 50 day simple moving average is $18.97 and its 200 day simple moving average is $17.98.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC boosted its holdings in shares of Nature’s Sunshine Products by 376.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 4,231 shares of the company’s stock worth $73,000 after purchasing an additional 3,343 shares during the period. Heron Bay Capital Management raised its position in shares of Nature’s Sunshine Products by 42.8% in the fourth quarter. Heron Bay Capital Management now owns 16,362 shares of the company’s stock valued at $283,000 after purchasing an additional 4,901 shares during the period. New York State Common Retirement Fund increased its position in Nature’s Sunshine Products by 1,027.7% during the third quarter. New York State Common Retirement Fund now owns 6,834 shares of the company’s stock worth $113,000 after acquiring an additional 6,228 shares during the period. SG Americas Securities LLC acquired a new stake in Nature’s Sunshine Products during the fourth quarter worth $125,000. Finally, Ritholtz Wealth Management boosted its stake in Nature’s Sunshine Products by 34.7% during the fourth quarter. Ritholtz Wealth Management now owns 29,207 shares of the company’s stock worth $505,000 after buying an additional 7,523 shares in the last quarter. 79.40% of the stock is currently owned by institutional investors and hedge funds.

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.