Natural Grocers by Vitamin Cottage (NYSE:NGVC) Shares Up 7.2%

Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) shot up 7.2% on Thursday . The company traded as high as $9.64 and last traded at $9.28, 224,613 shares changed hands during trading. An increase of 107% from the average session volume of 108,248 shares. The stock had previously closed at $8.66.

Separately, ValuEngine upgraded Natural Grocers by Vitamin Cottage from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd.

The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.23 and a current ratio of 1.42. The company has a 50 day moving average of $9.06 and a two-hundred day moving average of $10.09. The stock has a market cap of $203.17 million, a PE ratio of 25.08 and a beta of 1.09.

Several institutional investors have recently made changes to their positions in NGVC. WINTON GROUP Ltd increased its stake in shares of Natural Grocers by Vitamin Cottage by 23.9% in the 2nd quarter. WINTON GROUP Ltd now owns 25,026 shares of the specialty retailer’s stock valued at $252,000 after purchasing an additional 4,835 shares in the last quarter. Strs Ohio increased its stake in shares of Natural Grocers by Vitamin Cottage by 7.5% in the 2nd quarter. Strs Ohio now owns 44,300 shares of the specialty retailer’s stock valued at $445,000 after purchasing an additional 3,100 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Natural Grocers by Vitamin Cottage in the 2nd quarter valued at about $238,000. Los Angeles Capital Management & Equity Research Inc. purchased a new position in shares of Natural Grocers by Vitamin Cottage in the 2nd quarter valued at about $196,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Natural Grocers by Vitamin Cottage by 20.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 37,414 shares of the specialty retailer’s stock valued at $376,000 after purchasing an additional 6,400 shares in the last quarter. Hedge funds and other institutional investors own 35.96% of the company’s stock.

About Natural Grocers by Vitamin Cottage (NYSE:NGVC)

Natural Grocers by Vitamin Cottage, Inc, together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company's stores offer natural and organic grocery products, such as organic produce; bulk food products; private label products; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products.

Featured Story: Stocks at 52 Week High

Receive News & Ratings for Natural Grocers by Vitamin Cottage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natural Grocers by Vitamin Cottage and related companies with MarketBeat.com's FREE daily email newsletter.