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

StockNews.com upgraded shares of Natural Health Trends (NASDAQ:NHTC) from a hold rating to a buy rating in a research note published on Wednesday morning.

Natural Health Trends Price Performance

Shares of NHTC stock opened at $6.68 on Wednesday. Natural Health Trends has a 1 year low of $4.61 and a 1 year high of $7.24. The stock’s 50 day simple moving average is $6.45 and its two-hundred day simple moving average is $5.95. The company has a market cap of $76.95 million, a PE ratio of 133.63 and a beta of 0.83.

Natural Health Trends (NASDAQ:NHTC) last issued 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 return on equity of 1.27% and a net margin of 1.29%. The business had revenue of $10.94 million for the quarter.

Natural Health Trends Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Tuesday, February 20th were issued a $0.20 dividend. The ex-dividend date was Friday, February 16th. This represents a $0.80 annualized dividend and a dividend yield of 11.98%. Natural Health Trends’s payout ratio is 1,600.32%.

Institutional Investors Weigh In On Natural Health Trends

Hedge funds and other institutional investors have recently modified their holdings of the business. Citadel Advisors LLC purchased a new stake in shares of Natural Health Trends in the third quarter worth approximately $47,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of Natural Health Trends in the second quarter worth approximately $65,000. State Street Corp raised its holdings 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 worth $205,000 after buying an additional 3,592 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Natural Health Trends by 13.0% in the second quarter. Dimensional Fund Advisors LP now owns 50,733 shares of the company’s stock worth $278,000 after buying an additional 5,851 shares during the period. Finally, Acadian Asset Management LLC raised its holdings in shares of Natural Health Trends by 17.3% in the first quarter. Acadian Asset Management LLC now owns 57,813 shares of the company’s stock worth $408,000 after buying an additional 8,529 shares during the period. 10.13% of the stock is currently 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, vitamins, and minerals; and herbal products comprising herbal supplements.