Herbalife LTD. (NYSE:HLF) has been under a strong bear grip, hence the stock is down -2.94% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.58% in the past 1 week. The stock has risen by 3.9% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.37% in the past 4 weeks.
The company shares have rallied 14.80% from its 1 Year high price. On May 6, 2016, the shares registered one year high at $66.26 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $59.63 and the 200 Day Moving Average price is recorded at $55.92.
The stock has recorded a 20-day Moving Average of 3.07% and the 50-Day Moving Average is 1.99%.
Herbalife LTD. (NYSE:HLF): stock turned positive on Friday. Though the stock opened at $60.53, the bulls momentum made the stock top out at $61.67 level for the day. The stock recorded a low of $60.15 and closed the trading day at $61.04, in the green by 1.51%. The total traded volume for the day was 780,934. The stock had closed at $60.13 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Alzarez Jesus, officer (VP, General Manager, Mexico) of Herbalife Ltd., had unloaded 1,475 shares at an average price of $62.18 in a transaction dated on May 11, 2016. The total value of the transaction was worth $91,716.
Herbalife Ltd. is a holding company. The Company is a global nutrition company that develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. The Companys products are often sold as part of a program. The Company categorizes its products into five groups: weight management, which includes meal replacement, protein shakes, drink mixes, weight loss enhancers and healthy snacks; targeted nutrition, dietary and nutritional supplements containing quality herbs, vitamins, minerals and other natural ingredients; energy, sports & fitness, consists of products that support a healthy active lifestyle; outer nutrition, consists of facial skin care, body care, and hair care products, and literature, promotional and other, includes Start-up kits, sales tools, and educational materials. As of December 31, 2014, the Company sold its products in 91 countries.