NGVC Stock Plummets Over 5% Amid Market Volatility

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Oct 03, 2024
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Natural Grocers By Vitamin Cottage, Inc. (NGVC, Financial) recently experienced a significant stock price drop of 5.04%, as it traded at $25.18 per share with a volume of 63,954 shares and a turnover rate of 0.28%. The stock showed a price fluctuation amplitude of 4.64%.

According to recent financial reports, NGVC generated $309 million in revenue, with a net profit of $9.21 million and earnings per share of $0.40. The company posted a gross profit of $82.67 million with a price-to-earnings ratio of 18.94.

The stock is well-regarded by analysts, with 100% of the single rating institution recommending a buy, and no analysts suggesting hold or sell. Within the food grocery sector, where the overall decline was 1.68%, related stocks such as Sprouts Farmers Market, Inc. saw a notable rise.

Natural Grocers operates in the natural and organic grocery industry, focusing on dietary supplements, with the majority of its revenue coming from groceries and supplements.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.