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Natural Grocers by Vitamin Cottage (NASDAQ:NGVC) shares hit a new 52-week low on Thursday , AR Network reports. The stock traded as low as $17.89 and last traded at $18.20, with a volume of 127,058 shares traded. The stock had previously closed at $18.69.

A number of analysts have recently weighed in on NGVC shares. Analysts at Wedbush initiated coverage on shares of Natural Grocers by Vitamin Cottage in a research note on Thursday. They set a “neutral” rating and a $19.00 price target on the stock. Separately, analysts at Stephens downgraded shares of Natural Grocers by Vitamin Cottage from an “overweight” rating to an “equal weight” rating in a research note on Monday, August 4th. They now have a $23.00 price target on the stock, down previously from $42.00. Finally, analysts at Piper Jaffray cut their price target on shares of Natural Grocers by Vitamin Cottage to $21.00 in a research note on Friday, August 1st. They now have a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $26.71.

The stock has a 50-day moving average of $21. and a 200-day moving average of $29.07. The company has a market cap of $406.2 million and a price-to-earnings ratio of 33.55.

Natural Grocers by Vitamin Cottage (NASDAQ:NGVC) last released its earnings data on Thursday, July 31st. The company reported $0.15 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.15. The company had revenue of $134.00 million for the quarter, compared to the consensus estimate of $134.96 million. During the same quarter in the previous year, the company posted $0.13 earnings per share. The company’s revenue for the quarter was up 18.4% on a year-over-year basis. On average, analysts predict that Natural Grocers by Vitamin Cottage will post $0.60 earnings per share 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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