Seeking Alpha

After pricing its IPO at $15, Natural Grocers (NGVC) opened for trading at $18, and is currently...

After pricing its IPO at $15, Natural Grocers (NGVC) opened for trading at $18, and is currently moving at $17.94. That's good for a 20% gain, and a market cap of $390M. NGVC, which competes with Whole Foods in the organic grocery space, posted revenue of $246.4M (+27% Y/Y) in the 9 months ending June 30, and net income of $6.6M. (S-1)
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