On Tuesday, Natural Grocers got an upgrade for its IBD SmartSelect Composite Rating from 92 to 96.
The upgrade means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength.
Natural Grocers is not currently near a proper buy point. See if the stock goes on to form a new chart pattern and offer a new buying opportunity. Understand that it is a thinly traded stock, with average daily dollar volume under $8 million. Less liquid stocks are more prone to volatile action since it takes fewer shares traded to move the share price significantly.
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The stock sports a 94 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 94% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q1, the company reported 26% earnings growth. Top line growth was flat, matching the prior quarter's 9%.
Natural Grocers holds the No. 4 rank among its peers in the Retail-Super/Mini Markets industry group. Sprouts Farmers Market is the top-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
