Nu Skin Enterprises (NUS) : Traders are bullish on Nu Skin Enterprises (NUS) as it has outperformed the S&P 500 by a wide margin of 12.94% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.15%, 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 0.12% in the last 1 week, and is up 13.37% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Nu Skin Enterprises Inc. is up 51.03% in the last 3-month period. Year-to-Date the stock performance stands at 57.06%. The stock has recorded a 20-day Moving Average of 4.76% and the 50-Day Moving Average is 16.55%.
Nu Skin Enterprises (NYSE:NUS): The stock opened at $58.75 on Friday but the bulls could not build on the opening and the stock topped out at $59.04 for the day. The stock traded down to $58.22 during the day, due to lack of any buying support eventually closed down at $58.25 with a loss of -1.19% for the day. The stock had closed at $58.95 on the previous day. The total traded volume was 637,779 shares.
Also, Citigroup maintains its rating on Nu Skin Enterprises (NYSE:NUS). The global brokerage major raises the current price target from $52 per share to $61 per share. Analysts at the Citigroup have a current rating of Buy on the shares. 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.