LFVN Stocks – An Overview on LifeVantage Corporation
LifeVantage Corporation is a company that is dedicated to helping people maintain good health through scientifically proven products. It is also one of the public companies https://wallstreetmediaco.net/stockquote/?symbol=lfvn that offer an attractive business opportunity. Their mission is to help people have better lives by improving their physical and financial health. The company sells products through network marketing in the United States, Hong Kong, Japan, Canada, Mexico, Thailand, and Philippines. The company is involved in the identification, research, and distribution of skin care products and dietary supplements.
Brief History of LifeVantage Corporation
The company was incorporated in Colorado in June of 1988 as Andraplex Corporation. The name of the company was changed to Yaak River Resources, Inc. in January of 1992. Then in October 2004, it was renamed to Lifeline Therapeutics, Inc. On March 2005, the company acquired the all the common stocks of Lifeline Nutraceuticals Corporation. The following year they changed their name to LifeVantage Corporation.
The company was incorporated in Colorado in June of 1988 as Andraplex Corporation. The name of the company was changed to Yaak River Resources, Inc. in January of 1992. Then in October 2004, it was renamed to Lifeline Therapeutics, Inc. On March 2005, the company acquired the all the common stocks of Lifeline Nutraceuticals Corporation. The following year they changed their name to LifeVantage Corporation.
From 2005 to 2009, they only had one product, which was Protandim. They sold it through independent distributors. They found their success when they changed their marketing strategy and started offering their products via network marketing. And since then they increased their reach as well as the products that they have to offer.
Highlights of Fiscal Year 2015
In October 2014, LifeVantage Corporation introduced Axio, https://www.lifevantage.com/products/axio/ an energy mix line that has been formulated to promote alertness. This new product line improved the company’s commitment to delivering scientifically proven products that help people look, perform, and feel better.
The company also signed a deal with Major League Soccer team Real Salt Lake in January of 2014. The company’s logo is now seen at the front of the team’s jersey. The logo is also placed around the stadium as part of the deal. It was also during the fiscal year that the company started hosting distributor recruiting events during the games o Real Salt Lake games.
LFVN Stocks
Common stocks of LifeVantage Corporation are traded on the NASDAQ Capital Market with the symbol LFVN. The company doesn’t offer a direct investment program. Investors can purchase stocks through the brokerage service of their choice. Unlike other public companies, LifeVantage Corporation doesn’t pay dividends on its stocks, and will not be paying dividends in the near future. As of March 2016, its revenue is 198.81 million.
At present, the trading volume of LFVN stocks is at 74,018with a previous closing value at 12.42. This is still good considering its 52 week low is at 1.40.Its daily one-month price returns are 52.96 percent while its year to date price returns is 30.16 percent.
The value of LFVN stocks continue to improve year after year.Wall-street.com will continue to monitor the company’s activities and provide information as they come.
https://wallstreetmediaco.net/stockquote/?symbol=lfvn
