Natural Health Trends (NASDAQ:NHTC) Stock Rating Upgraded by StockNews.com

Natural Health Trends (NASDAQ:NHTC) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday.

Natural Health Trends Trading Up 2.2 %

Shares of NASDAQ NHTC opened at $6.62 on Wednesday. The company has a market capitalization of $76.26 million, a price-to-earnings ratio of 132.43 and a beta of 0.83. Natural Health Trends has a twelve month low of $4.61 and a twelve month high of $7.24. The business has a 50 day simple moving average of $6.44 and a 200-day simple moving average of $5.95.

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

Institutional Trading of Natural Health Trends

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Citadel Advisors LLC bought a new position in Natural Health Trends during the 3rd quarter worth $47,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in Natural Health Trends in the 2nd quarter worth about $65,000. State Street Corp increased its stake in shares of Natural Health Trends by 14.1% in the first quarter. State Street Corp now owns 29,014 shares of the company’s stock valued at $205,000 after purchasing an additional 3,592 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Natural Health Trends by 13.0% during the second quarter. Dimensional Fund Advisors LP now owns 50,733 shares of the company’s stock valued at $278,000 after buying an additional 5,851 shares during the last quarter. Finally, Acadian Asset Management LLC raised its holdings in shares of Natural Health Trends by 17.3% during the first quarter. Acadian Asset Management LLC now owns 57,813 shares of the company’s stock valued at $408,000 after buying an additional 8,529 shares during the last quarter. 10.13% of the stock is currently owned by institutional investors and hedge funds.

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.