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Jefferies downgrades Nu Skin Enterprises, Inc. (NUS) rating to a Hold

Nu Skin Enterprises, Inc.’s filing revealed that its Director LIPMAN ANDREW D unloaded Company’s shares for reported $24680.0 on Apr 25 ’24. In the deal valued at $12.34 per share,2,000 shares were sold. As a result of this transaction, LIPMAN ANDREW D now holds 25,225 shares worth roughly $0.3 million.

Then, LIPMAN ANDREW D sold 2,000 shares, generating $24,640 in total proceeds. Upon selling the shares at $12.32, the Director now owns 27,225 shares.

Before that, LIPMAN ANDREW D sold 2,000 shares. Nu Skin Enterprises, Inc. shares valued at $24,920 were divested by the Director at a price of $12.46 per share. As a result of the transaction, LIPMAN ANDREW D now holds 29,225 shares, worth roughly $0.34 million.

Jefferies downgraded its Nu Skin Enterprises, Inc. [NUS] rating to a Hold from a a Buy in a research note published on January 31, 2023; the price target was decreased to $39 from $43. A number of analysts have revised their coverage, including DA Davidson’s analysts, who decreased its forecast for the stock in mid February from “a Buy” to “a Neutral”. BofA Securities also remained covering NUS and has increased its forecast on October 02, 2020 with a “Neutral” recommendation from previously “an Underperform” rating. Jefferies revised its rating on July 02, 2020. It rated NUS as “a Buy” which previously was an “a Hold”.

Price Performance Review of NUS

On Tuesday, Nu Skin Enterprises, Inc. [NYSE:NUS] saw its stock fall -4.23% to $11.76. Over the last five days, the stock has lost -7.76%. Nu Skin Enterprises, Inc. shares have fallen nearly -39.44% since the year began. Nevertheless, the stocks have fallen -70.20% over the past one year. While a 52-week high of $40.68 was reached on 01/02/24, a 52-week low of $11.84 was recorded on 04/30/24. SMA at 50 days reached $12.67, while 200 days put it at $18.75. A total of 0.66 million shares were traded, compared to the trading of 0.47 million shares in the previous session.

Levels Of Support And Resistance For NUS Stock

The 24-hour chart illustrates a support level at 11.61, which if violated will result in even more drops to 11.47. On the upside, there is a resistance level at 12.02. A further resistance level may holdings at 12.29. The Relative Strength Index (RSI) on the 14-day chart is 36.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.81%. Stochastics %K at 24.24% indicates the stock is a holding.

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