Natural Grocers by Vitamin Cottage (NYSE:NGVC) Raised to “Strong-Buy” at StockNews.com

Natural Grocers by Vitamin Cottage (NYSE:NGVC) was upgraded by equities researchers at StockNews.com from a “buy” rating to a “strong-buy” rating in a research report issued on Friday.

Natural Grocers by Vitamin Cottage Price Performance

Shares of NGVC stock opened at $45.60 on Friday. 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 company has a market capitalization of $1.04 billion, a PE ratio of 30.81 and a beta of 1.23. The firm’s 50-day moving average is $29.36 and its two-hundred day moving average is $25.23. Natural Grocers by Vitamin Cottage has a 12 month low of $14.31 and a 12 month high of $45.61.

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

Hedge funds have recently modified their holdings of the business. EntryPoint Capital LLC purchased a new stake in Natural Grocers by Vitamin Cottage in the 1st quarter valued at about $36,000. Virtus Investment Advisers Inc. purchased a new position in Natural Grocers by Vitamin Cottage during the third quarter worth about $126,000. CreativeOne Wealth LLC acquired a new stake in shares of Natural Grocers by Vitamin Cottage during the third quarter valued at about $202,000. Hancock Whitney Corp purchased a new stake in shares of Natural Grocers by Vitamin Cottage in the 3rd quarter valued at approximately $214,000. Finally, State Board of Administration of Florida Retirement System acquired a new position in shares of Natural Grocers by Vitamin Cottage in the 1st quarter worth approximately $216,000. 31.99% of the stock is currently owned by hedge funds and other institutional investors.

About Natural Grocers by Vitamin Cottage

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.