StockNews.com Downgrades Natural Health Trends (NASDAQ:NHTC) to Hold

Natural Health Trends (NASDAQ:NHTC) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

Natural Health Trends Trading Down 1.2 %

Shares of NASDAQ:NHTC traded down $0.09 on Tuesday, reaching $6.87. 11,565 shares of the company were exchanged, compared to its average volume of 22,494. Natural Health Trends has a 1-year low of $5.09 and a 1-year high of $7.40. The firm has a market cap of $79.14 million, a price-to-earnings ratio of 137.43 and a beta of 0.91. The company has a 50-day moving average of $6.89 and a 200-day moving average of $6.49.

Natural Health Trends (NASDAQ:NHTC) last posted its quarterly earnings results on Wednesday, May 1st. The company reported $0.02 earnings per share for the quarter. Natural Health Trends had a net margin of 1.16% and a return on equity of 1.18%. The business had revenue of $10.95 million for the quarter.

Institutional Investors Weigh In On Natural Health Trends

A hedge fund recently bought a new stake in Natural Health Trends stock. Hartline Investment Corp acquired a new stake in Natural Health Trends Corp. (NASDAQ:NHTC) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 14,241 shares of the company’s stock, valued at approximately $95,000. Hartline Investment Corp owned about 0.12% of Natural Health Trends at the end of the most recent quarter. 10.13% of the stock is owned by 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, vitamins, and minerals; and herbal products comprising herbal supplements.