Long Position on NTRI @ $22.80 on 5/7/2015 (Momentum)

Bullish Flag on NTRINutrisystem, Inc. (NTRI) provides weight loss programs for women, men, and seniors in the United States.

The company offers Nutrisystem program that consists of approximately 150 portion-controlled items, which serve as the foundation of a low glycemic index diet. Its programs comprise Nutrisystem D, a program designed for people with type 2 diabetes for losing weight and managing their diabetes; Fast 5+ kit, a one-week starter kit that includes breakfasts, lunches, dinners, and shakes with formulations; and 5-day kit, a kit for individuals with or at risk of type 2 diabetes, as well as SmartCarb and PowerFuel products, including blueberry muffins, cinnamon buns, vanilla shakes, chocolate shakes, and chocolate chip cookie packs.

The company also provides My Daily 3, a physical activity program, which provides information on diet, nutrition, and physical activity; and NuMi, a digital product that integrates with wearable fitness devices and health platforms. It offers monthly food packages of frozen and ready-to-go food containing 28 days of breakfasts, lunches, dinners, and snacks and desserts, which are supplemented with fresh fruits, vegetables, and dairy. The company sells its pre-packaged foods to weight loss program participants directly through the Internet and telephone; a television shopping network; and retailers. 

Shares have formed a bullish "flag" following the company's earnings results. Higher share prices are expected for this stock.

 

52-Weeks Trading Range: $14.88 - $24.54

Entry Point: $22.80

Stop Loss: $21.70

Target Price: $25.19

Updates

6/8/2015 1:54:50 PM

NTRI closed at $24.37 after its 30 days expired.

Position closed on 6/8/2015 at price of $24.37 with a 6.89% gain in 32 days.

Back to Portfolio