Nu Skin Enterprises (NUS) has risen sharply, recording gains of 13.86% in the past 4 weeks. However, the stock has corrected -2.22% 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 12.69% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 8.27% and the 50-Day Moving Average is 20.52%. Nu Skin Enterprises (NYSE:NUS): On Fridays trading session , Opening price of the stock was $58.26 with an intraday high of $58.49. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $57.785. However, the stock managed to close at $58.18, a loss of 0.09% for the day. On the previous day, the stock had closed at $58.23. The total traded volume of the day was 548,868 shares.
The company Insiders own 4.6% of Nu Skin Enterprises shares according to the proxy statements. Institutional Investors own 81.68% of Nu Skin Enterprises shares. During last six month period, the net percent change held by insiders has seen a change of -11.67%. Also, Major Brokerage house, Citigroup maintains its ratings on Nu Skin Enterprises (NYSE:NUS). In the latest research report, Citigroup raises the target price from $52 per share to $61 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on August 5, 2016.
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.