Strategic investors have taken a closer look of late at shares of Nature’s Sunshine Products, Inc. (NASDAQ:NATR). Given the cheap price, many are wondering if there is now value and potential upside to the name. During the most recent session, shares touched $8.05 after moving 0.00%.
Individuals may have the tendency to make irrational investing decisions based on certain biases rather than focusing on market fundamentals. They might purchase a certain stock when the price is surging higher or when the entire stock market is in an upswing. This behavior is typically driven by the fear of missing out on possible profits that they think that everybody else is making. When the market continues to rise, they may believe that they need to get in quick before missing out completely. On the other side, investors may be too quick to sell a certain stock when it is been moving to the downside. They may be scared of further losses and the fear of uncertainty may creep in and cause unnecessary selling.
Sometimes the stock market can be very confusing, even for the most seasoned investors. Even when expectations are met as predicted, the market may decide to move otherwise. This can cause uncertainty and second guessing. Keeping up with historical data as well as short-term and long-term trends may be very helpful. Over the past week, Nature’s Sunshine Products, Inc. (NASDAQ:NATR) shares have performed 1.27%. Pushing back over the last quarter, shares are -13.33%. Looking at stock performance for the past six months, shares are -12.09%. Since the start of the calendar year, shares have performed -1.84%.
Let’s take a quick look at some possible support and resistence levels for the stock. According to a recent spotcheck, company Nature’s Sunshine Products, Inc. (NASDAQ:NATR) have been seen trading -15.53% away from the 50- day high. On the opposite end, shares have been trading 31.54% away from the 50-day low price. Taking a wider perspective, shares have been recently trading -33.74% off the 52-week high and 31.54% away from the 52-week low.
Dedicated investors are usually on the lookout for promising stocks that have been overlooked by the investment community. They may be searching for companies that have slipped under the radar and are primed for a move higher. Some investors may do the research and locate these stocks that are infrequently in the financial news headlines and are relatively unknown by the average investor. These stocks may be smaller cap, trading on a foreign exchange, or stocks that used to be prominent that have not been part of the conversation recently. Finding these stocks may take some extra research and effort. Investors who are able to do enough digging may be able to find some great names to help support the stock portfolio.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.