NuZee (NASDAQ:NUZE) Shares Down 10.6%

NuZee, Inc. (NASDAQ:NUZEGet Free Report) was down 10.6% on Monday . The stock traded as low as $1.31 and last traded at $1.31. Approximately 21,801 shares changed hands during trading, a decline of 69% from the average daily volume of 70,374 shares. The stock had previously closed at $1.47.

NuZee Price Performance

The stock has a market cap of $1.68 million, a PE ratio of -0.11 and a beta of 1.51. The firm has a 50 day moving average of $1.40 and a two-hundred day moving average of $2.03.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in NuZee stock. Bard Associates Inc. purchased a new stake in NuZee, Inc. (NASDAQ:NUZEFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 117,750 shares of the company’s stock, valued at approximately $299,000. Bard Associates Inc. owned about 9.20% of NuZee at the end of the most recent reporting period. Institutional investors and hedge funds own 23.42% of the company’s stock.

About NuZee

(Get Free Report)

NuZee, Inc, together with its subsidiaries, manufactures, packs, and sells single-serve pour-over coffee and tea bag-style coffee for coffee roasters and food service companies in North America and South Korea. The company sells its products under Coffee Blenders, Twin Peaks, DRIPKIT, and Stone Brewing brand names.

Further Reading

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