Herbalife LTD. (HLF) has risen sharply, recording gains of 9.91% in the past 4 weeks. However, the stock has corrected -1.35% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 7.24% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Herbalife LTD. (NYSE:HLF): The stock opened at $67.50 on Friday but the bulls could not build on the opening and the stock topped out at $67.64 for the day. The stock traded down to $66.50 during the day, due to lack of any buying support eventually closed down at $67.09 with a loss of -0.67% for the day. The stock had closed at $67.54 on the previous day. The total traded volume was 1,059,692 shares.
The stock has recorded a 20-day Moving Average of 3.32% and the 50-Day Moving Average is 8.78%. Herbalife Ltd. is up 5.45% in the last 3-month period. Year-to-Date the stock performance stands at 25.12%.
Herbalife LTD. (HLF) : The highest short term price target forecast on Herbalife LTD. (HLF) is $66 and the lowest target price is $58. A total of 2 equity analysts are currently covering the company. The average price of all the analysts is $62 with a standard deviation of $5.66.
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.