Dallas, Texas 04/15/2014 (FINANCIALSTRENDS) – Nu Skin Enterprises, Inc. (NYSE:NUS) is slowing growing back to its previous form, after the major issue haul, it had in the Land of the Dragon. Chinese officials had taken a different view of the multi-level marketing strategy which NUS follows to be similar to fraudulent operators who follow the Pyramid format of business model.
As this happened in January, Nu Skin Enterprises, Inc.(NYSE:NUS) has been treading cautiously and has even withdrawn much of its activities in Sinoland. Therefore, NUS did not venture to hire new sales-reps or relook the product range.
China largest sales
For Nu Skin Enterprises, Inc. (NYSE:NUS)”the potential of China’s large and growing market,” is critical to its next phase of growth. And this remains a fact as the NUS saw its sales numbers rise by over 248% in the previous quarter. Incidentally these were more than half-of all the total sales for the company.
Nu Skin Enterprises, Inc. (NYSE:NUS) global direct selling company has operations on local as well as worldwide markets, which are as many as 53 markets currently.
Nu Skin Enterprises, Inc. (NYSE:NUS) has reported market capital of $4.66billion. The Profit to Earnings ratio for this multiproduct vendor is 13.35. Dividend to Yield ratio is 0.34 to 1.74, allowing an EPS of 5.94.
Nu Skin Enterprises, Inc. (NYSE:NUS) also holds over 58.80 million as outstanding shares. Beta is 1.69. As one of the leading trading organizations, this company has been able to report an average price point of $78.37 low and $81.89 high. The company has also been reporting 52 week high of $140.50 high and $48.40 low. The stock opened at the trading session at $80.23 and has average volume trade of 2.50 million.
Nu Skin Enterprises, Inc. (NYSE:NUS) has continued to clock quick movement on the market ramps, allowing the company to seek more investors.
