http://www.americanbankingnews.com/getthestreet upgraded shares of Vitacost.com (NASDAQ: VITC) from a sell rating to a hold rating in a research note issued to investors on Monday morning.
“Vitacost.com (VITC) has been upgraded by TheStreet Ratings from sell to hold. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself.”
,” the firm’s analyst wrote.
Shares of Vitacost.com opened at 7.55 on Monday. Vitacost.com has a one year low of $4.97 and a one year high of $8.65. The stock’s 50-day moving average is currently $7.25. The company’s market cap is $252.9 million.
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