GNC Holdings (GNC) : Traders are bullish on GNC Holdings (GNC) as it has outperformed the S&P 500 by a margin of 4.72% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.08%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.71% in the last 1 week, and is up 11.8% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
GNC Holdings (NYSE:GNC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.08 and $26.99 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.48. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.39, notching a gain of 0.77% for the day. The total traded volume was 892,940 . The stock had closed at $27.18 on the previous day.
The stock has recorded a 20-day Moving Average of 7.6% and the 50-Day Moving Average is 7.66%. GNC Holdings Inc. has dropped 20.2% during the last 3-month period . Year-to-Date the stock performance stands at -10.41%.
GNC Holdings, Inc. (GNC) is a specialty retailer of health and wellness products, including vitamins minerals and herbal supplement products (VMHS), sports nutrition products and diet products. Its product mix is sold under its GNC brands, including Mega Men, Ultra Mega, Total Lean, Pro Performance and Pro Performance AMP and Beyond Raw, and under third-party brands. It operates in three segments: Retail, Franchise and Manufacturing/Wholesale. The Companys retail generates revenues from sales of products to customers at Company-owned stores in the United States, Canada and Puerto Rico and through its Websites, GNC.com LuckyVitamin.com and DiscountSupplements.com. Franchise consists of its domestic and international franchise operations and generates revenues from franchise activities through product sales to franchisees royalties on franchise retail sales and franchise fees. Manufacturing/Wholesale comprises manufacturing operations in South Carolina and its wholesale sales business.