The stock of Nutraceutical Int’l Corp. (NASDAQ:NUTR) reached all time high today, Nov, 24 and still has $34.24 target or 7.00% above today’s $32.00 share price. This indicates more upside for the $298.31M company. This technical setup was reported by Barchart.com. If the $34.24 PT is reached, the company will be worth $20.88M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. The stock increased 1.11% or $0.35 on November 23, hitting $32. About 20,776 shares traded hands or 4.80% up from the average. Nutraceutical Int’l Corp. (NASDAQ:NUTR) has risen 29.71% since April 22, 2016 and is uptrending. It has outperformed by 24.30% the S&P500.
Analysts await Nutraceutical Int’l Corp. (NASDAQ:NUTR) to report earnings on January, 26.
According to Zacks Investment Research, “Nutraceutical Int’l Corp. manufactures and markets quality branded nutritional supplements sold to health food stores. The company sells its branded products under the Solaray, KAL, NaturalMax, VegLife, Premier One, Solar Green, Action Labs, and Natural Sport brand names. The company also manufactures bulk materials for use in its own products and for sale to other manufacturers and marketers of nutritional supplements under the names Monarch Nutritional Laboratories and Great Basin Botanicals.”
Insitutional Activity: The institutional sentiment increased to 1.44 in Q2 2016. Its up 0.47, from 0.97 in 2016Q1. The ratio is positive, as 4 funds sold all Nutraceutical Int’l Corp. shares owned while 29 reduced positions. 7 funds bought stakes while 25 increased positions. They now own 7.17 million shares or 3.50% less from 7.43 million shares in 2016Q1.
Moreover, Blackrock Inv Management Limited Liability has 0% invested in Nutraceutical Int’l Corp. (NASDAQ:NUTR) for 36,580 shares. Millennium Mngmt Ltd Liability holds 0% or 13,916 shares in its portfolio. Financial Bank Of Montreal Can accumulated 3,108 shares or 0% of the stock. Moreover, Connor Clark & Lunn Invest Management Ltd has 0% invested in Nutraceutical Int’l Corp. (NASDAQ:NUTR) for 14,689 shares. Deutsche Bank & Trust Ag accumulated 1,341 shares or 0% of the stock. Northern Trust Corp has invested 0% of its portfolio in Nutraceutical Int’l Corp. (NASDAQ:NUTR). Retail Bank Of America Corporation De holds 0% of its portfolio in Nutraceutical Int’l Corp. (NASDAQ:NUTR) for 31,670 shares. Renaissance Tech Ltd reported 504,700 shares or 0.02% of all its holdings. Dimensional Fund Advsr Lp has 646,114 shares for 0.01% of their US portfolio. Martingale Asset Mngmt Lp owns 31,717 shares or 0.01% of their US portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) reported 3,200 shares or 0% of all its holdings. Tiaa Cref Inv Management Lc holds 0% or 37,168 shares in its portfolio. Lsv Asset Mngmt last reported 220,793 shares in the company. Fuller & Thaler Asset Mgmt has 0% invested in the company for 1,800 shares. First Wilshire Securities Management has invested 0.82% of its portfolio in Nutraceutical Int’l Corp. (NASDAQ:NUTR).
Another recent and important Nutraceutical Int’l Corp. (NASDAQ:NUTR) news was published by Marketwatch.com which published an article titled: “Fish Oil Market is Expected to Reach $2.63 Billion, Globally, by 2020 – Allied …” on May 27, 2015.
NUTR Company Profile
Nutraceutical International Corporation (Nutraceutical), incorporated on September 17, 1993, is a manufacturer, marketer, distributor and retailer of branded nutritional supplements and other natural products through domestic health and natural food stores. The Company’s products include vitamins and minerals, herbs, specialty formulas, personal care products, homeopathics, functional foods and other products. The Firm also markets and distributes branded nutritional supplements and other natural products internationally through health and natural product distributors and retailers. The Firm offers products in various formulations and delivery forms, including capsules, tablets, soft gels, chewables, liquids, creams, sprays, powders and whole herbs.
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