Lifevantage Corporation (LFVN) is one of the best performing stocks in the consumer goods sector for companies listed on the New York Stock Exchange or NASDAQ exchange shortly after the opening bell on September 23. Shares of LFVN have climbed 3.05% about 30 minutes into the session to $10.82 after closing the day prior at $10.5. It’s early, but the stock has traded as high as $10.82 and as low as $10.82 so far. Today’s quick advance has come with about 9,456 shares changing hands, compared to an average 30-day volume of 135,337 for Lifevantage Corporation. The price is currently below the 30-day volume weighted average price of $10.82 for LFVN.
The share appreciation gives the company a market capitalization of $147.3 million based upon 14.03 million shares outstanding. It also means that LFVN has a price-to-book ratio of 16.66:1 and a price-to-earnings ratio of 37.5:1.
In the past 52 weeks, shares of LFVN have traded as low as $4.664 and as high as $15.9699. Technical traders will take note that at $10.82, shares of LFVN are trading below their 200-day MA at $10.92 and below their 50-day MA at $13.1. 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 LFVN?
Lifevantage Corp is engaged in the identification, research, development and distribution of nutraceutical dietary supplements and skin care products including Protandim, LifeVantage TrueScience and Canine Health. The company’s 166 employees are led by CEO Darren J. Jensen from the corporate headquarters at 9785 South Monroe Street.
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