Nu Skin Enterprises (NUS) : The total money flow in Nu Skin Enterprises (NUS) was negative ($6.05 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $10.22 million. In comparison, the inflow of money into the stock on upticks was $4.17 million. The uptick to downtick ratio was 0.41. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $7.06 million. The value of transactions on uptick was $0.83 million. The negative money flow of ($6.23 million) confirms the selling in Nu Skin Enterprises (NUS) on strength. The uptick to downtick ratio of block trades was 0.12. Nu Skin Enterprises (NUS) gained $0.18 at $51.28, a gain of 0.35% over the previous days close. However, the stock registered 0.35% in the week.
Also, Jefferies initiates coverage on Nu Skin Enterprises (NYSE:NUS). According to the latest information available, the shares are now rated Hold by the analysts at the agency. The rating by the firm was issued on June 3, 2016.
Nu Skin Enterprises (NYSE:NUS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $51.50 and $50.76 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $51.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $51.31, notching a gain of 0.41% for the day. The total traded volume was 592,142 . The stock had closed at $51.10 on the previous day.
The stock has recorded a 20-day Moving Average of 8.45% and the 50-Day Moving Average is 19.36%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CFO of Nu Skin Enterprises Inc, Wood Ritch N, had purchased 7,500 shares in a transaction dated on March 8, 2016. The transaction was executed at $33.32 per share with total amount equaling $249,900.
Nu Skin Enterprises, Inc. is a global direct selling company marketing personal care and nutritional products in 53 markets worldwide. The Company develops and distributes anti-aging personal care products and nutritional supplements under its Nu Skin and Pharmanex brands, respectively. The Company has Pharmanex nutritional supplements and Nu Skin personal care products under its age LOC anti-aging brand. The Company offers anti-aging personal care products. Products in this category include its ageLOC Galvanic Spa System, its ageLOC Galvanic Body Spa, ageLOC Galvanic Spa Body Shaping Gel and ageLOC Dermatic Effects Body Contouring Lotion and its ageLOC Transformation anti-aging skin care system. The Company markets a variety of products under its Pharmanex brand. LifePak, its line of micronutrient supplements. Other anti-aging nutritional supplements include its ageLOC R2, which is designed to renew and recharge the body.