Home / Market Movers / Services Sector Fueled by 3.93% Gain from NutriSystem Inc (NTRI) on September 21

Services Sector Fueled by 3.93% Gain from NutriSystem Inc (NTRI) on September 21

NutriSystem Inc (NTRI) was one of the best performers amongst all companies listed in the services sector on the NYSE and NASDAQ exchanges during trading on September 21, climbing 3.93% to wrap the day at $29.89 after closing the day prior at $28.76. Throughout the trading session, shares of NTRI rose as high as $29.95 and dipped as low as $28.72. Today’s advance came with about 233,835 shares changing hands, compared to an average 30-day volume of 206,831 for NutriSystem Inc. The price is currently below the 30-day volume weighted average price of $29.61 for NTRI.

The share appreciation today gives the company a market capitalization of $849.29 million based upon 29.53 million shares outstanding. It also means that NTRI has a price-to-book ratio of 10.38:1.

In the past 52 weeks, shares of NTRI have traded as low as $17.25 and as high as $30.3. Technical traders will take note that at $29.89, shares of NTRI are trading above their 200-day MA at $23.41 and above their 50-day MA at $28.15. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.

Who is NTRI?

Nutrisystem Inc provides weight management products and services, including nutritionally balanced weight loss programs, multi-day kits available at select retail locations and digital tools to support weight loss. The company’s 451 employees are led by CEO Dawn M. Zier from the corporate headquarters at Fort Washington Executive Center in Fort Washington, PA.


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