Nu Skin Enterprises Inc. (NUS) Moves Higher on Volume Spike for January 17

Equities Staff  |

Nu Skin Enterprises Inc. (NUS) traded on unusually high volume on Jan. 17, as the stock gained 4.24% to close at $64.24. On the day, Nu Skin Enterprises Inc. saw 662,909 shares trade hands on 6,421 trades. Considering that the stock averages only a daily volume of 398,328 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $88.68 and $56.09 over the last 52-weeks, its 50-day SMA is now $64.35, and its 200-day SMA $73.67. Nu Skin Enterprises Inc. has a P/B ratio of 4.29. It also has a P/E ratio of 22.

Nu Skin Enterprises Inc is a health and beauty direct-selling company with a comprehensive product line: anti-aging skin products; peels, masks, and scrubs; moisturizers; body care; hair care; men's care; oral care; sun protection; and cosmetics. The company has three main product divisions: anti-aging, skin, and pharmaceuticals. The pharmaceuticals division offers nutritionals, weight-management products, and food supplements. The company has operations internationally, in more than 50 countries across the Americas, Europe, and the Asia-Pacific.

Headquartered in Provo, UT, Nu Skin Enterprises Inc. has 48,700 employees and is currently under the leadership of CEO Ritch N. Wood.

For a complete fundamental analysis analysis of Nu Skin Enterprises Inc., check out Equities.com’s Stock Valuation Analysis report for NUS.

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To get more information on Nu Skin Enterprises Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: NUS’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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