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Shares of Nu Skin Enterp-A Rise Above Previous 52-Week High

By Nick Russo

Shares of Nu Skin Enterp-A (NYSE:NUS) traded at a new 52-week high today of $78.72. This new high was reached on below average trading volume as 65,000 shares traded hands, while the average 30-day volume is approximately 870,000 shares.

Nu Skin Enterp-A (NYSE:NUS) defies analysts with a current price ($78.51) 7.4% above its average consensus price target of $72.67. The stock should find initial support at its 200-day moving average (MA) of $37.47 and further support at its 50-day MA of $36.92.

Nu Skin Enterprises, Inc. is a global direct selling company. The Company distributes premium quality personal care products and nutritional supplements. Nu Skin markets its products in the Americas, Europe, and the Asia Pacific region. The Company provides marketing and distribution of technology-based products through Big Planet, Inc.

Nu Skin Enterp-A share prices have moved between a 52-week high of $78.72 and a 52-week low of $42.97 and are now trading 83% above that low price at $78.51 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.0% while the 200-day MA has remained constant.

SmarTrend recommended that subscribers consider buying shares of Nu Skin Enterp-A on February 15th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $71.45. Since that recommendation, shares of Nu Skin Enterp-A have risen 8.9%. We continue to monitor NUS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows nu skin enterp-a

Ticker(s): NUS