Natural Grocers by Vitamin Cottage Inc (NGVC) Stock: Evaluating the Market Performance

The price-to-earnings ratio for Natural Grocers by Vitamin Cottage Inc (NYSE: NGVC) is 20.54x, which is above its average ratio. Moreover, the 36-month beta value for NGVC is 1.20. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 6 as “hold,” and 0 as “sell.”

The public float for NGVC is 7.26M and currently, short sellers hold a 2.40% of that float. On September 06, 2024, NGVC’s average trading volume was 76.24K shares.

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NGVC) stock’s latest price update

The stock of Natural Grocers by Vitamin Cottage Inc (NYSE: NGVC) has increased by 4.41 when compared to last closing price of 26.31.Despite this, the company has seen a gain of 6.43% in its stock price over the last five trading days. prnewswire.com reported 2024-09-05 that The company offers month-long discounts, education and fundraising opportunities, plus three days of amazing savings, samples and freebies, September 12-14 LAKEWOOD, Colo., Sept. 5, 2024 /PRNewswire/ — Natural Grocers®, known as the nation’s Organic Month Headquarters®, raises awareness towards Organic Month with discounts on organic products, community education and fundraising efforts, and much more.

NGVC’s Market Performance

NGVC’s stock has risen by 6.43% in the past week, with a monthly rise of 16.30% and a quarterly rise of 28.24%. The volatility ratio for the week is 3.97% while the volatility levels for the last 30 days are 3.66% for Natural Grocers by Vitamin Cottage Inc The simple moving average for the past 20 days is 10.80% for NGVC’s stock, with a 45.17% simple moving average for the past 200 days.

Analysts’ Opinion of NGVC

Many brokerage firms have already submitted their reports for NGVC stocks, with Wolfe Research repeating the rating for NGVC by listing it as a “Outperform.” The predicted price for NGVC in the upcoming period, according to Wolfe Research is $14 based on the research report published on October 09, 2020 of the previous year 2020.

NGVC Trading at 14.08% from the 50-Day Moving Average

After a stumble in the market that brought NGVC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.47% of loss for the given period.

Volatility was left at 3.66%, however, over the last 30 days, the volatility rate increased by 3.97%, as shares surge +17.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.23% upper at present.

During the last 5 trading sessions, NGVC rose by +6.43%, which changed the moving average for the period of 200-days by +114.61% in comparison to the 20-day moving average, which settled at $25.00. In addition, Natural Grocers by Vitamin Cottage Inc saw 71.69% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at NGVC starting from Dissinger Todd, who sale 15,000 shares at the price of $15.30 back on Feb 28 ’24. After this action, Dissinger Todd now owns 37,069 shares of Natural Grocers by Vitamin Cottage Inc, valued at $229,500 using the latest closing price.

Dissinger Todd, the Chief Financial Officer of Natural Grocers by Vitamin Cottage Inc, sale 597 shares at $16.61 during a trade that took place back on Dec 15 ’23, which means that Dissinger Todd is holding 52,069 shares at $9,916 based on the most recent closing price.

Stock Fundamentals for NGVC

Current profitability levels for the company are sitting at:

  • 0.04 for the present operating margin
  • 0.28 for the gross margin

The net margin for Natural Grocers by Vitamin Cottage Inc stands at 0.03. The total capital return value is set at 0.09. Equity return is now at value 18.41, with 4.70 for asset returns.

Based on Natural Grocers by Vitamin Cottage Inc (NGVC), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at 1.34. The debt to equity ratio resting at 0.35. The interest coverage ratio of the stock is 11.16.

Currently, EBITDA for the company is 62.58 million with net debt to EBITDA at 4.62. When we switch over and look at the enterprise to sales, we see a ratio of 0.8. The receivables turnover for the company is 136.08for trailing twelve months and the total asset turnover is 1.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.96.

Conclusion

To wrap up, the performance of Natural Grocers by Vitamin Cottage Inc (NGVC) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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