Youngevity International (NASDAQ:YGYI) Stock Price Passes Below 50 Day Moving Average of $5.06

Youngevity International Inc (NASDAQ:YGYI)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $5.06 and traded as low as $4.40. Youngevity International shares last traded at $4.45, with a volume of 1,560 shares.

Separately, ValuEngine cut shares of Youngevity International from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st.

The company has a quick ratio of 0.82, a current ratio of 1.23 and a debt-to-equity ratio of 0.50. The firm’s fifty day moving average is $5.03 and its 200-day moving average is $5.90.

Youngevity International (NASDAQ:YGYI) last released its earnings results on Wednesday, August 14th. The company reported ($0.02) earnings per share (EPS) for the quarter. The firm had revenue of $53.69 million during the quarter. Youngevity International had a negative net margin of 15.91% and a negative return on equity of 90.25%.

In related news, Director Paul Sallwasser sold 5,140 shares of the business’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of $5.04, for a total value of $25,905.60. Following the transaction, the director now owns 62,853 shares in the company, valued at $316,779.12. The transaction was disclosed in a document filed with the SEC, which is available through this link. 55.60% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Northern Trust Corp raised its holdings in shares of Youngevity International by 37.8% during the second quarter. Northern Trust Corp now owns 25,231 shares of the company’s stock valued at $144,000 after purchasing an additional 6,926 shares during the period. BlackRock Inc. raised its holdings in shares of Youngevity International by 2,794.4% during the fourth quarter. BlackRock Inc. now owns 12,938 shares of the company’s stock valued at $74,000 after purchasing an additional 12,491 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of Youngevity International during the second quarter valued at about $83,000. Charles Schwab Investment Management Inc. acquired a new position in shares of Youngevity International during the second quarter valued at about $98,000. Finally, Laurion Capital Management LP raised its holdings in shares of Youngevity International by 203.8% during the first quarter. Laurion Capital Management LP now owns 47,166 shares of the company’s stock valued at $269,000 after purchasing an additional 31,643 shares during the period. Hedge funds and other institutional investors own 7.80% of the company’s stock.

About Youngevity International (NASDAQ:YGYI)

Youngevity International, Inc develops and distributes health and nutrition related products and services through independent direct selling network in the United States and internationally. It operates in two segments, Direct Selling and Commercial Coffee. The company offers approximately 5,500 products, including nutritional, vitamin, mineral, herbal, liquid, and dietary supplements; apparel; fashion and jewelry accessories; digital products; and packaged foods.

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