Natural Grocers by Vitamin Cottage (NYSE:NGVC) Hits New 12-Month High – Time to Buy?

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $34.76 and last traded at $34.65, with a volume of 78091 shares changing hands. The stock had previously closed at $33.89.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Natural Grocers by Vitamin Cottage from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 6th.

Natural Grocers by Vitamin Cottage Stock Down 2.1 %

The stock’s 50-day moving average price is $28.30 and its two-hundred day moving average price is $24.43. The stock has a market capitalization of $747.51 million, a PE ratio of 24.30 and a beta of 1.23. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.96.

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

Large investors have recently modified their holdings of the stock. American Century Companies Inc. boosted its holdings in Natural Grocers by Vitamin Cottage by 28.3% in the second quarter. American Century Companies Inc. now owns 304,382 shares of the specialty retailer’s stock worth $6,453,000 after purchasing an additional 67,187 shares during the last quarter. Hillsdale Investment Management Inc. raised its position in shares of Natural Grocers by Vitamin Cottage by 14.7% during the 1st quarter. Hillsdale Investment Management Inc. now owns 190,318 shares of the specialty retailer’s stock valued at $3,435,000 after purchasing an additional 24,400 shares during the period. Inspire Investing LLC bought a new position in shares of Natural Grocers by Vitamin Cottage in the second quarter worth about $353,000. Dynamic Technology Lab Private Ltd bought a new position in Natural Grocers by Vitamin Cottage in the 3rd quarter worth approximately $430,000. Finally, Marshall Wace LLP grew its stake in Natural Grocers by Vitamin Cottage by 49.3% during the second quarter. Marshall Wace LLP now owns 43,437 shares of the specialty retailer’s stock valued at $921,000 after acquiring an additional 14,338 shares in the last quarter. Hedge funds and other institutional investors own 31.99% of the company’s stock.

Natural Grocers by Vitamin Cottage Company Profile

Natural Grocers by Vitamin Cottage, Inc, together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company’s stores offer natural and organic grocery products, such as organic produce; private label repackaged bulk products, including dried fruits, nuts, grains, granolas, teas, herbs, and spices, as well as peanut and almond butters; private label products comprising grocery staples, household products, bulk foods, and vitamins and dietary supplements, as well as organic eggs, organic flavored coffee, and organic mustard; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products.