Natural Health Trends (NHTC) Upgraded by BidaskClub to “Sell”

BidaskClub upgraded shares of Natural Health Trends (NASDAQ:NHTC) from a strong sell rating to a sell rating in a research report sent to investors on Wednesday.

Separately, ValuEngine upgraded shares of Natural Health Trends from a sell rating to a hold rating in a research report on Friday, July 6th.

Shares of Natural Health Trends stock traded up $0.24 during trading on Wednesday, hitting $22.81. 3,026 shares of the company’s stock traded hands, compared to its average volume of 88,803. Natural Health Trends has a twelve month low of $14.15 and a twelve month high of $27.23. The firm has a market cap of $264.83 million, a P/E ratio of 7.92 and a beta of 2.35.

Natural Health Trends (NASDAQ:NHTC) last issued its earnings results on Wednesday, August 1st. The company reported $0.80 earnings per share for the quarter. The business had revenue of $50.91 million for the quarter. Natural Health Trends had a net margin of 10.92% and a return on equity of 35.62%.

A number of large investors have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp boosted its position in Natural Health Trends by 4.4% in the second quarter. Bank of New York Mellon Corp now owns 79,774 shares of the company’s stock valued at $1,995,000 after buying an additional 3,362 shares in the last quarter. Renaissance Technologies LLC boosted its position in Natural Health Trends by 1.5% in the second quarter. Renaissance Technologies LLC now owns 904,400 shares of the company’s stock valued at $22,628,000 after buying an additional 13,700 shares in the last quarter. BlackRock Inc. boosted its position in Natural Health Trends by 4.0% in the second quarter. BlackRock Inc. now owns 535,248 shares of the company’s stock valued at $13,394,000 after buying an additional 20,386 shares in the last quarter. Nisa Investment Advisors LLC acquired a new position in Natural Health Trends in the second quarter valued at about $313,000. Finally, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its position in Natural Health Trends by 19.0% in the first quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 82,500 shares of the company’s stock valued at $1,568,000 after buying an additional 13,200 shares in the last quarter. Hedge funds and other institutional investors own 33.64% of the company’s stock.

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's wellness products include liquid, encapsulated, tableted, and powder dietary and nutritional supplements, as well as vitamins and minerals; and herbal products comprise herbal supplements.

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