USANA Health Sciences (NYSE:USNA) Sets New 12-Month Low – Here’s What Happened

USANA Health Sciences, Inc. (NYSE:USNA)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $30.16 and last traded at $30.32, with a volume of 5576 shares. The stock had previously closed at $30.97.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. DA Davidson boosted their target price on shares of USANA Health Sciences from $35.00 to $38.00 and gave the company a “neutral” rating in a research note on Thursday, January 2nd. StockNews.com raised shares of USANA Health Sciences from a “buy” rating to a “strong-buy” rating in a report on Saturday, December 28th.

USANA Health Sciences Trading Down 1.2 %

The firm has a market capitalization of $583.22 million, a price-to-earnings ratio of 10.79, a P/E/G ratio of 0.84 and a beta of 0.87. The firm has a fifty day moving average price of $34.81 and a 200 day moving average price of $37.32.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. R Squared Ltd acquired a new stake in shares of USANA Health Sciences in the 4th quarter valued at $28,000. Safe Harbor Fiduciary LLC acquired a new stake in USANA Health Sciences in the third quarter worth about $30,000. KBC Group NV raised its holdings in USANA Health Sciences by 96.6% during the 3rd quarter. KBC Group NV now owns 1,056 shares of the company’s stock worth $40,000 after purchasing an additional 519 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in USANA Health Sciences during the 4th quarter worth about $83,000. Finally, Quantbot Technologies LP acquired a new position in USANA Health Sciences during the 4th quarter valued at about $132,000. 54.25% of the stock is owned by institutional investors.

About USANA Health Sciences

USANA Health Sciences, Inc develops, manufactures, and sells science-based nutritional, personal care, and skincare products in the Asia Pacific, the Americas, and Europe. The company offers USANA nutritional products that comprise essentials/CellSentials, such as vitamin and mineral supplements that provide a foundation of total body nutrition for various age groups; optimizers consisting of targeted supplements that are designed to meet cardiovascular, skeletal/structural, and digestive health needs; and food that include meal replacement shakes, snack bars, and other related products.