Natural Health Trends (NASDAQ:NHTC) Lifted to Buy at StockNews.com

Natural Health Trends (NASDAQ:NHTC) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Wednesday.

Natural Health Trends Stock Up 0.5 %

Shares of NASDAQ NHTC traded up $0.03 during trading on Wednesday, hitting $6.48. 4,325 shares of the company traded hands, compared to its average volume of 23,994. Natural Health Trends has a 1 year low of $4.61 and a 1 year high of $7.24. The company has a 50-day moving average price of $6.44 and a 200-day moving average price of $5.95. The firm has a market capitalization of $74.59 million, a P/E ratio of 129.53 and a beta of 0.83.

Natural Health Trends (NASDAQ:NHTC) last announced its quarterly earnings data on Wednesday, February 7th. The company reported $0.03 earnings per share (EPS) for the quarter. Natural Health Trends had a net margin of 1.29% and a return on equity of 1.27%. The company had revenue of $10.94 million during the quarter.

Institutional Trading of Natural Health Trends

A number of institutional investors have recently added to or reduced their stakes in NHTC. Citadel Advisors LLC purchased a new stake in Natural Health Trends during the 3rd quarter worth $47,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in Natural Health Trends during the 2nd quarter worth $65,000. Acadian Asset Management LLC boosted its position in Natural Health Trends by 17.3% during the 1st quarter. Acadian Asset Management LLC now owns 57,813 shares of the company’s stock worth $408,000 after purchasing an additional 8,529 shares during the period. Dimensional Fund Advisors LP boosted its position in Natural Health Trends by 13.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 50,733 shares of the company’s stock worth $278,000 after purchasing an additional 5,851 shares during the period. Finally, State Street Corp boosted its position in Natural Health Trends by 14.1% during the 1st quarter. State Street Corp now owns 29,014 shares of the company’s stock worth $205,000 after purchasing an additional 3,592 shares during the period. 10.13% of the stock is owned by hedge funds and other institutional investors.

About Natural Health Trends

Natural Health Trends Corp., a direct-selling and e-commerce company, provides personal care, wellness, and lifestyle products under the NHT Global brand. The company offers wellness products, including liquid, encapsulated, tableted, and powder dietary and nutritional supplements, as well as vitamins and minerals; and herbal products comprising herbal supplements.