Natural Grocers by Vitamin Cottage (NYSE:NGVC) Stock Rating Lowered by StockNews.com

StockNews.com downgraded shares of Natural Grocers by Vitamin Cottage (NYSE:NGVC) from a strong-buy rating to a buy rating in a research note issued to investors on Wednesday morning.

Natural Grocers by Vitamin Cottage Trading Up 7.2 %

NYSE NGVC opened at $32.77 on Wednesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.96 and a quick ratio of 0.18. The firm’s fifty day moving average price is $27.44 and its 200 day moving average price is $23.76. The company has a market capitalization of $746.83 million, a price-to-earnings ratio of 24.27 and a beta of 1.23. Natural Grocers by Vitamin Cottage has a 12 month low of $12.35 and a 12 month high of $33.71.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its earnings results on Thursday, August 8th. The specialty retailer reported $0.40 EPS for the quarter. The firm had revenue of $309.08 million for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.54% and a return on equity of 18.89%. On average, sell-side analysts expect that Natural Grocers by Vitamin Cottage will post 1.31 earnings per share for the current fiscal year.

Institutional Trading of Natural Grocers by Vitamin Cottage

Large investors have recently bought and sold shares of the business. EntryPoint Capital LLC acquired a new stake in Natural Grocers by Vitamin Cottage during the 1st quarter worth $36,000. State Board of Administration of Florida Retirement System acquired a new stake in Natural Grocers by Vitamin Cottage during the 1st quarter worth $216,000. Privium Fund Management B.V. acquired a new stake in Natural Grocers by Vitamin Cottage during the 3rd quarter worth $326,000. Inspire Investing LLC acquired a new stake in Natural Grocers by Vitamin Cottage during the 2nd quarter worth $353,000. Finally, Quadrature Capital Ltd lifted its stake in shares of Natural Grocers by Vitamin Cottage by 45.1% in the 1st quarter. Quadrature Capital Ltd now owns 31,639 shares of the specialty retailer’s stock worth $570,000 after acquiring an additional 9,838 shares during the period. Institutional investors and hedge funds 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.