The stock of LifeVantage Corp (NASDAQ:LFVN) hit a new 52-week low and has $6.57 target or 12.00% below today’s $7.47 share price. The 8 months bearish chart indicates high risk for the $104.54M company. The 1-year low was reported on Nov, 7 by Barchart.com. If the $6.57 price target is reached, the company will be worth $12.54M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 28,348 shares traded hands. LifeVantage Corp (NASDAQ:LFVN) has declined 11.30% since April 5, 2016 and is downtrending. It has underperformed by 13.26% the S&P500.
According to Zacks Investment Research, “Lifevantage Corporation is a health and nutrition company. The company is the maker of Protandim(R), the Nrf2 Synergizer(R) patented dietary supplement, the TrueScience(TM) Anti-Aging Skin Care Regimen, Canine Health and the AXIO(TM) energy product line. Lifevantage Corporation is headquartered in Salt Lake City, Utah.”
More notable recent LifeVantage Corp (NASDAQ:LFVN) news were published by: Marketwatch.com which released: “Lifevantage Corp.” on April 15, 2011, also Quotes.Wsj.com with their article: “Lifevantage Corp. LFVN (US: Nasdaq)” published on July 17, 2011, Globenewswire.com published: “LifeVantage Corp. Receives NASDAQ Letter Related to Delay in Filing Form 10-K” on September 30, 2016. More interesting news about LifeVantage Corp (NASDAQ:LFVN) were released by: Globenewswire.com and their article: “Lawsuit for Investors in LifeVantage Corp (LFVN) shares announced by …” published on October 26, 2016 as well as Businesswire.com‘s news article titled: “Cohen Milstein Sellers & Toll PLLC Announces Investigation of LifeVantage Corp.” with publication date: October 13, 2016.
LFVN Company Profile
LifeVantage Corporation, incorporated on June 10, 1988, is engaged in the identification, research, development and distribution of nutraceutical dietary supplements and skin care products. The Company’s products include Protandim, a dietary supplement; LifeVantage TrueScience, a line of anti-aging skin care products; Canine Health, a pet supplement formulated to combat oxidative stress in dogs, and Axio, an energy drink. The Firm sells its products to an international network of independent distributors in the United States, Japan, Hong Kong, Australia, Canada, Philippines, Mexico and Thailand.
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