Nautilus Inc. (NLS) Settles Into New 52-Week Low on March 13 Session

Equities Staff  |

Shares of Nautilus Inc. (NLS) sank into a new 52-week low yesterday, and could be a company to watch at the open. The company’s stock fell to as low as $5.88 yesterday after opening at $6.11. By the closing bell, the company's stock was at $5.93 a share for a loss of 2.47%.

While no company wants to see their stocks fall into a new 52-week low, opportune investors may have reason to celebrate. Bullish investors with a healthy tolerance for risk may view this as a chance to buy stocks as distressed prices before a bounce back. With that said, whenever a stock falls into new negative territory, there usually is a compelling reason for it. Investors bearish on the stock might see the stock reaching its lowest price in a year as a sign of growing downward momentum and take it as a good reason to sell their shares. Bulls, though, could likely see a new 52-week low as the stock hitting its low point and anticipate a recovery in the share price.

Nautilus Inc. saw 289,806 shares of its stock trade hands, that's out of 29.59 million shares outstand. The stock has an average daily volume of 456,223 shares. After hitting a new 52-week low, Nautilus Inc. enters the new trading day with a market cap of 175.47 million, a 50-day SMA of $8.35 and a 200-day SMA of $12.55

Nautilus Inc. now has a P/E ratio of 12.9.

For a complete fundamental analysis analysis of Nautilus Inc., check out Equities.com’s Stock Valuation Analysis report for NLS.

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Nautilus Inc develops and markets athletic equipment. The company designs home-fitness equipment that it sells under the Bowflex brand name. The company operates in two segments, Direct and Retail. In addition, Nautilus Group designs fitness equipment, knees and wrist wraps, dumbbells, hand grips, ankle and wrist weights, workout mats, and jump ropes that it markets under the Nautilus brand name. It is also developing beds that are sold under the Instant Comfort and Nautilus Sleep Systems labels. The company markets its products through the Internet, television infomercials, direct mail, and distributors.

Nautilus Inc. has 460 employees, is led by CEO M. Carl Johnson, and makes its home in Vancouver, WA.

Nautilus Inc. is also a component of the Russell 2000 Index, which is generally viewed as the most reliable indicator of the health of the broader small-cap market. Using a rules-based methodology, it creates a simple, unbiased view of how America's stable of smaller publicly traded companies are performing in the stock markets. The index consists of the 2,000 smallest companies of the 3,000 largest publicly-traded companies in the country as judged by market cap. It's constructed by Russell Investments, which also builds and maintains the Russell 3000 (an index consisting of all 3,000 biggest companies by market cap) and the large-cap Russell 1000 (which has the 1,000 largest companies from the Russell 3000).

To get more information on Nautilus Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: NLS’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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