Youngevity International Inc. (YGYI) shares are trading at higher $0.59.
To add more color to this target, the company’s high over the last year is $4.50 and the low is $0.41. Over the last 52 weeks, YGYI is down -85.87% while the S&P 500 is up 14.05%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, YGYI reported a profit of $19.74 million. Youngevity International Inc. also saw revenues increase to $34.02 million. In addition, YGYI has free cash flow of -$12.94 million as of 09-2019. The company’s EBITDA came in at -$6.22 million which compares well with its peers.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. YGYI has a short ratio of 0.62 and outstanding shares of 30.32M.
YGYI has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 1.62 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -1.18. Youngevity International Inc. YGYI also noted assets of $141.19 million at the end of the last quarter. Investors should also keep an eye on sector updates as YGYI has historically followed its peers on positive news.
All told, Youngevity International Inc. YGYI has strung together solid data and demonstrated underlying fundamentals. At its current valuation, YGYI represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
Youngevity International Inc. YGYI is now commanding a market cap of 18.04M and a float of 11.10M. YGYI is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of YGYI stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in YGYI, either long or short, and we have not been compensated for this article.