ValuEngine Upgrades Nature’s Sunshine Products (NATR) to “Hold”

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ValuEngine upgraded shares of Nature’s Sunshine Products (NASDAQ:NATR) from a sell rating to a hold rating in a research note published on Wednesday morning.

Shares of NASDAQ:NATR traded down $0.30 during midday trading on Wednesday, reaching $9.19. 6,830 shares of the company’s stock were exchanged, compared to its average volume of 13,057. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.81 and a quick ratio of 1.09. Nature’s Sunshine Products has a fifty-two week low of $7.55 and a fifty-two week high of $13.80.

Nature’s Sunshine Products (NASDAQ:NATR) last issued its quarterly earnings data on Tuesday, August 7th. The company reported ($0.08) earnings per share (EPS) for the quarter. The business had revenue of $91.27 million for the quarter. Nature’s Sunshine Products had a negative return on equity of 11.51% and a negative net margin of 4.03%.

In related news, Director Kristine F. Hughes sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, October 3rd. The stock was sold at an average price of $8.67, for a total transaction of $26,010.00. Following the completion of the sale, the director now directly owns 36,095 shares of the company’s stock, valued at approximately $312,943.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 20.10% of the stock is currently owned by company insiders.

Large investors have recently modified their holdings of the stock. Martingale Asset Management L P purchased a new position in Nature’s Sunshine Products during the 3rd quarter valued at about $146,000. Millennium Management LLC lifted its position in Nature’s Sunshine Products by 125.9% during the 2nd quarter. Millennium Management LLC now owns 66,881 shares of the company’s stock valued at $625,000 after acquiring an additional 37,270 shares during the period. Wynnefield Capital Inc. lifted its position in Nature’s Sunshine Products by 0.4% during the 2nd quarter. Wynnefield Capital Inc. now owns 2,202,454 shares of the company’s stock valued at $20,593,000 after acquiring an additional 9,386 shares during the period. First Wilshire Securities Management Inc. lifted its position in Nature’s Sunshine Products by 4.3% during the 2nd quarter. First Wilshire Securities Management Inc. now owns 702,872 shares of the company’s stock valued at $6,572,000 after acquiring an additional 29,176 shares during the period. Finally, Renaissance Technologies LLC lifted its position in Nature’s Sunshine Products by 8.5% during the 2nd quarter. Renaissance Technologies LLC now owns 426,128 shares of the company’s stock valued at $3,984,000 after acquiring an additional 33,428 shares during the period. 76.05% of the stock is owned by hedge funds and other institutional investors.

Nature’s Sunshine Products Company Profile

Nature's Sunshine Products, Inc, together with its subsidiaries, primarily engages in the manufacture and direct sale of nutritional and personal care products worldwide. It operates through four segments: NSP Americas; NSP Russia, Central and Eastern Europe; Synergy WorldWide; and China and New Markets.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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