Price Action To Observe: What’s in Natural Grocers by Vitamin Cottage Inc After Making All-Time Low?

Price Action To Observe: What's in Natural Grocers by Vitamin Cottage Inc After Making All Time Low?

The stock of Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) reached all time low today, Nov, 18 and still has $9.50 target or 10.00% below today’s $10.56 share price. This indicates more downside for the $230.51 million company. This technical setup was reported by Barchart.com. If the $9.50 PT is reached, the company will be worth $23.05M less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only. About 184,226 shares traded hands or 24.56% up from the average. Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) has declined 40.31% since April 18, 2016 and is downtrending. It has underperformed by 44.74% the S&P500.

Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) Ratings Coverage

Out of 9 analysts covering Natural Grocers (NYSE:NGVC), 5 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 56% are positive. Natural Grocers has been the topic of 15 analyst reports since August 4, 2015 according to StockzIntelligence Inc. Wedbush maintained Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) on Friday, January 29 with “Neutral” rating. The firm has “Underperform” rating by Wolfe Research given on Wednesday, November 18. The firm has “Buy” rating by Jefferies given on Wednesday, August 26. The firm has “Equal Weight” rating given on Friday, September 23 by Barclays Capital. RBC Capital Markets downgraded the shares of NGVC in a report on Thursday, April 21 to “Sector Perform” rating. RBC Capital Markets maintained the shares of NGVC in a report on Monday, November 23 with “Outperform” rating. The stock of Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) earned “Buy” rating by Canaccord Genuity on Tuesday, January 26. Citigroup initiated Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) on Tuesday, October 11 with “Buy” rating.

According to Zacks Investment Research, “Natural Grocers by Vitamin Cottage is a specialty retailer of natural and organic groceries and dietary supplements. The Company provides healthy foods, vitamins, and supplements including allergy, aloe products, amino acids, antioxidants, animal products, beverages, medical, cleansing and clearance, weight loss, electrolytes, energy, cosmetics, natural, minerals, vitamins, pain relief, and supplements. It has locations primarily in Colorado, Texas, Utah, Wyoming, Oklahoma, Missouri, New Mexico, Montana, Kansas, Idaho, Nebraska and Arizona. Natural Grocers by Vitamin Cottage is based in Lakewood, Colorado.”

Insitutional Activity: The institutional sentiment decreased to 1.24 in Q2 2016. Its down 0.08, from 1.32 in 2016Q1. The ratio dived, as 15 funds sold all Natural Grocers by Vitamin Cottage Inc shares owned while 19 reduced positions. 19 funds bought stakes while 26 increased positions. They now own 6.82 million shares or 16.61% less from 8.18 million shares in 2016Q1.
Dimensional Fund Advsr Lp, a Texas-based fund reported 252,808 shares. The Texas-based Teacher Retirement Systems Of Texas has invested 0% in Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC). Susquehanna International Group Inc Llp last reported 0% of its portfolio in the stock. Point72 Asset Ltd Partnership has invested 0.01% of its portfolio in Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC). Swiss Bank owns 18,900 shares or 0% of their US portfolio. Eagle Asset Incorporated has 0.01% invested in the company for 126,787 shares. Moreover, Wfg L P has 0% invested in Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) for 250 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% of its portfolio in Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC). Legal & General Gru Pcl reported 1,172 shares or 0% of all its holdings. Jennison Assoc Lc accumulated 19,179 shares or 0% of the stock. Wellington Mngmt Grp Inc Llp last reported 1.00M shares in the company. Bancorporation Of Montreal Can accumulated 9,582 shares or 0% of the stock. Blackrock has invested 0% of its portfolio in Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC). Renaissance Techs Ltd Llc last reported 208,600 shares in the company. Bancshares Of New York Mellon accumulated 0% or 59,767 shares.

Insider Transactions: Since June 2, 2016, the stock had 2 insider buys, and 2 selling transactions for $41,311 net activity. $18,287 worth of shares were sold by Isely Charity on Tuesday, August 23. Another trade for 1,400 shares valued at $19,026 was bought by Isely Raquel M.. Another trade for 4,000 shares valued at $51,402 was made by Cerkovnik Edward on Wednesday, August 3.

More notable recent Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) news were published by: Prnewswire.com which released: “Natural Grocers by Vitamin Cottage Announces Fiscal 2016 Fourth Quarter and …” on November 17, 2016, also Marketwatch.com with their article: “Natural Grocers stock price target cut to $16 from $29 at RBC Capital” published on July 25, 2012, Fool.com published: “Could Natural Grocers by Vitamin Cottage Be the Next Big Player in Organic Food?” on April 20, 2016. More interesting news about Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) were released by: Prnewswire.com and their article: “Natural Grocers by Vitamin Cottage, Inc. Announces Third Quarter Fiscal Year …” published on July 14, 2016 as well as Prnewswire.com‘s news article titled: “Natural Grocers by Vitamin Cottage Announces First Quarter Fiscal 2016 Results” with publication date: January 28, 2016.

NGVC Company Profile

Natural Grocers by Vitamin Cottage, Inc., incorporated on April 9, 2012, is a retailer of natural and organic groceries and dietary supplements. The Firm offers a selection of natural and organic food, dietary supplements, body care products, pet care products and books. It operates in the natural and organic retail stores segment. The Firm operates within the natural products retail industry, which includes conventional supermarkets, natural, gourmet and specialty food markets, mass and discount retailers, warehouse clubs, independent health food stores, dietary supplement retailers, drug stores, farmers’ markets, food cooperatives (co-ops), mail order and online retailers, and multi-level marketers. The Firm offers a range of cosmetics, skin care, hair care, fragrance and personal care products. The Company’s offerings include hypo-allergenic and fragrance-free household products, including cleaning supplies, paper products, dish and laundry soap, and other common household products, including diapers. The Company’s other products include books and handouts. The Firm stocks approximately 400 titles in each store’s book department. The Company’s titles cover various approaches to diet, lifestyle and health. It offers various handouts on health topics and dietary supplements.

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