NutriSystem Inc (NTRI) Shares are Down -2.03%

NutriSystem Inc (NTRI) has risen sharply, recording gains of 12.69% in the past 4 weeks. However, the stock has corrected -2.03% 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 12.26% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Nutrisystem, Inc. is up 11.62% in the last 3-month period. Year-to-Date the stock performance stands at 38.85%. The stock has recorded a 20-day Moving Average of 2.85% and the 50-Day Moving Average is 10.69%.


NutriSystem Inc (NASDAQ:NTRI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.01 and $28.65 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.43. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.40, notching a gain of 0.68% for the day. The total traded volume was 246,748 . The stock had closed at $29.20 on the previous day.

Nutrisystem, Inc. (Nutrisystem) is a provider of weight management products and services, including nutritionally balanced weight loss programs, multi-day kits available at retail locations and digital tools to support weight loss. The Companys program customers purchase monthly food packages containing a 28-day supply of breakfasts, lunches, dinners, snacks and desserts, which they supplement with fresh fruits, vegetables and dairy. Its customers order on an auto-delivery basis (Auto-Delivery), where it sends a 28-day food supply on an ongoing basis until notified of a customers cancellation. It offers its pre-selected favorites food pack or personalized plans, where customers can hand pick their entire menu or customize plans to their dietary preference. The companys meal plans feature more than 150 menu options at different price points, including frozen and ready-to-go entrees, desserts, snacks and shakes.

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