Reliv' International Inc. (RELV) started the trading day on a down note, making it one of the worst performing stocks in the consumer goods sector of NYSE and NASDAQ listed companies shortly after the opening bell on September 22. Shares of RELV have fallen 4.01% about 30 minutes into the session to $0.72 after closing the day prior at $0.75. It’s early, but the stock has traded as high as $0.72 and as low as $0.72 so far. Today’s quick decline has come with about 2,634 shares changing hands, compared to an average 30-day volume of 40,688 for Reliv' International Inc.. The price is currently below the 30-day volume weighted average price of $0.72 for RELV.
The share depreciation gives the company a market capitalization of $9.69 million based upon 12.92 million shares outstanding. It also means that RELV has a price-to-book ratio of 0.66:1.
In the past 52 weeks, shares of RELV have traded as low as $0.37 and as high as $1.13. Technical traders will take note that at $0.72, shares of RELV are trading below their 200-day MA at $0.72 and below their 50-day MA at $0.76. 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 below them is typically regarded as bearish.
Who is RELV?
Reliv' International Inc is a developer, manufacturer and marketer of a proprietary line of nutritional supplements addressing basic nutrition, specific wellness needs, weight management and sports nutrition. The company’s 189 employees are led by CEO Robert L. Montgomery from the corporate headquarters at 136 Chesterfield Industrial Boulevard in Chesterfield, MO.
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