Natural Grocers by Vitamin Cottage (NYSE:NGVC) Trading Up 7.5% - Should You Buy?

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Get Free Report)'s stock price was up 7.5% on Tuesday . The stock traded as high as $29.52 and last traded at $29.52. Approximately 72,361 shares changed hands during trading, an increase of 1% from the average daily volume of 71,709 shares. The stock had previously closed at $27.45.

Analyst Ratings Changes

Separately, StockNews.com upgraded Natural Grocers by Vitamin Cottage from a "buy" rating to a "strong-buy" rating in a report on Friday, August 9th.

Natural Grocers by Vitamin Cottage Trading Up 11.4 %

The firm has a market capitalization of $696.69 million, a price-to-earnings ratio of 21.57 and a beta of 1.23. The company has a current ratio of 0.96, a quick ratio of 0.18 and a debt-to-equity ratio of 0.36. The company has a fifty day moving average price of $27.21 and a two-hundred day moving average price of $23.60.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The specialty retailer reported $0.40 earnings per share for the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 18.89% and a net margin of 2.54%. The business had revenue of $309.08 million during the quarter. As a group, research analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post 1.31 earnings per share for the current fiscal year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 18th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 1.31%. Natural Grocers by Vitamin Cottage's payout ratio is 29.63%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in NGVC. EntryPoint Capital LLC acquired a new position in Natural Grocers by Vitamin Cottage during the first quarter worth approximately $36,000. State Board of Administration of Florida Retirement System bought a new stake in Natural Grocers by Vitamin Cottage in the first quarter valued at $216,000. Privium Fund Management B.V. bought a new stake in shares of Natural Grocers by Vitamin Cottage during the third quarter valued at approximately $326,000. Inspire Investing LLC acquired a new position in shares of Natural Grocers by Vitamin Cottage during the second quarter valued at $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. 31.99% of the stock is owned by hedge funds and other institutional investors.

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.

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