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Stock Investors Bid Up Shares of USANA Health Sciences, Up 2.9%

Published on Mon, 06/10/2013 - 12:36
By Mallory Stone

USANA Health Sciences (NYSE:USNA) is one of today's biggest movers, up 2.9% to $70.00. The S&P is currently trading fractionally higher to 1,645 and the Dow Jones Industrial Average is trading fractionally higher to 15,256.

USANA Health Sciences, Inc. develops, manufactures, and markets nutritionals, personal care, and weight management products. The Company's products are sold directly to preferred customers and distributors throughout the United States, Canada, Australia, New Zealand, the United Kingdom, and Hong Kong.

USANA Health Sciences (NYSE:USNA) is currently priced 16.4% above its average consensus analyst price target of $58.50. The stock should find initial support at its 50-day moving average (MA) of $57.21 and further support at its 200-day MA of $46.52.

USANA Health Sciences share prices have moved between a 52-week high of $71.70 and a 52-week low of $30.51 and are now trading 129% above that low price at $70.00 per share. Over the past week, the 200-day moving average (MA) has gone up 1.2% while the 50-day MA has advanced 3.5%.

By Mallory Stone
mstone@fnno.com