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Nu Skin (NUS) Looks Good: Stock Adds 10.4% in Session

Zacks Equity Research
Updated

Nu Skin Enterprises Inc. NUS was a big mover last session, as its shares rose over 10% on the day. The surge came after the company raised  $210 million from a group of Chinese investors and issued an upbeat guidance. This also led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $38.13 to $41.85 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days while the Zacks Consensus Estimate moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

Nu Skin currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

NU SKIN ENTERP Price

NU SKIN ENTERP Price | NU SKIN ENTERP Quote

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A better-ranked stock in the cosmetics & personal goods industry is The Estée Lauder Companies Inc. EL which holds a Zacks Rank #2 (Buy).

Is NUS going up? Or down? Predict to see what others think: Up or Down

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
NU SKIN ENTERP (NUS): Free Stock Analysis Report
 
ESTEE LAUDER (EL): Free Stock Analysis Report
 
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Zacks Investment Research