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Natural Grocers by Vitamin Cottage (NASDAQ:NGVC)’s share price hit a new 52-week low during mid-day trading on Monday , AmericanBankingNews.com reports. The company traded as low as $18.95 and last traded at $19.91, with a volume of 325,809 shares. The stock had previously closed at $20.79.

A number of research firms have recently commented on NGVC. Analysts at TheStreet downgraded shares of Natural Grocers by Vitamin Cottage from a “hold” rating to a “sell” rating in a research note on Monday, May 26th. Separately, analysts at Piper Jaffray downgraded shares of Natural Grocers by Vitamin Cottage from an “overweight” rating to a “neutral” rating in a research note on Wednesday, May 21st. They now have a $22.00 price target on the stock, down previously from $37.00. Finally, analysts at SunTrust cut their price target on shares of Natural Grocers by Vitamin Cottage from $44.00 to $40.00 in a research note on Friday, May 2nd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $35.40.

The stock has a 50-day moving average of $28.02 and a 200-day moving average of $37.04. The company has a market cap of $443.5 million and a price-to-earnings ratio of 38.79.

Natural Grocers by Vitamin Cottage (NASDAQ:NGVC) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.18 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.18. The company had revenue of $130.30 million for the quarter, compared to the consensus estimate of $132.93 million. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was up 22.3% on a year-over-year basis. Analysts expect that Natural Grocers by Vitamin Cottage will post $0.60 EPS for the current fiscal year.

Natural Grocers by Vitamin Cottage, Inc is a specialty retailer of natural and organic groceries and dietary supplements.

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