Thursday, April 2, 2015

Utah Companies Stock Market Prices Up 466% Since March 6, 2009

President Obama will be visiting Utah on this Thursday and Friday, April 2 and 3, 2015.  Thus, as a backdrop for this Presidential visit,  I think it would be helpful to update just what has been going on with Utah businesses and the overall economy there.

From a very thorough review of SEC filings, I found 15 Utah Headquartered Companies with current Total Market Capitalizations of at least $100 mil and which also had their common stocks trading on each of the following three dates:

  • On December 31, 2007 before the financial meltdown hit
  • On March 6, 2009, which was the lowest point for the US stock market due to the spillover effects resulting from the 2008 financial meltdown, and 
  • also on the most recent date month end date March 31, 2015.
I included Sweden Headquartered, Auto Supplier Autoliv among these 15 Utah Companies since it has a Utah SEC State Location Code filing and since it has a majority of its Total Assets in the Americas and with its two largest customers being General Motors and Ford Motor.

The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 15 Utah Companies had their equal-company weighted average stock market prices decline by a huge 51% from December 31, 2007 before the 2008 Financial Meltdown hit to March 6, 2009, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But in the six years and one month since March 6, 2009 through the most recent month end date March 31, 2015, the average stock market prices of these same 15 Utah Companies have increased by an exceptional 466%.

There has been something upwardly explosive happening with the Utah Companies Stock Market Prices and among others, country-first-over-political-party Utah veteran US Senator Orrin Hatch, very effective Utah Governor Gary Herbert, President Obama, Ben Bernanke and Janet Yellen have all undoubtedly helped here. 

In the chart below here are the stock market prices of each of these 15 Utah Companies on March 31, 2015, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes.



Market Market Market






Price Price Price






% % %






Change Change Change



Market Market Market 3-6-09 12-31-07 12-31-07



Price Price Price to to to
Utah Company HQs
3-31-15 3-6-09 12-31-07 3-31-15 3-6-09 3-31-15



$s $s $s











Headwaters South Jordan UT      18.34        1.39      11.74 1219% -88% 56%
Extra Space Storage Salt Lake City UT      67.57        5.18      14.29 1204% -64% 373%
Huntsman Salt Lake City UT      22.17        2.25      25.70 885% -91% -14%
Autoliv Ogden UT     117.77      12.33      52.71 855% -77% 123%
Nu Skin Enterprises Provo UT      60.21        8.81      16.43 583% -46% 266%
inContact Salt Lake City UT      10.90        1.75        4.50 523% -61% 142%
Franklin Covey Salt Lake City UT      19.26        3.53        7.91 446% -55% 143%
Zions Bancorporation Salt Lake City UT      27.00        6.48      46.69 317% -86% -42%
Nutraceutical Intl Park City UT      19.70        5.67      13.25 247% -57% 49%
Overstock.com Salt Lake City UT      24.22        7.88      15.53 207% -49% 56%
Utah Medical Products Midvale UT      59.86      22.40      29.72 167% -25% 101%
Merit Medical Systems South Jordan UT      19.25        7.95      11.12 142% -28% 73%
Black Diamond Salt Lake City UT        9.45        4.00        5.90 136% -32% 60%
SkyWest St George UT      14.61        8.91      26.85 64% -67% -46%
Myriad Genetics Salt Lake City UT      35.40      37.05      22.13 -4% 67% 60%









Average Equal Company Weighted % Change all 15 Utah Companies
466% -51% 93%




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