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

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

Natural Health Trends Stock Up 2.2 %

NHTC stock opened at $7.02 on Tuesday. The firm has a market cap of $80.87 million, a price-to-earnings ratio of 140.43 and a beta of 0.91. Natural Health Trends has a 12-month low of $5.09 and a 12-month high of $7.40. The company’s fifty day simple moving average is $6.89 and its 200 day simple moving average is $6.49.

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

Hedge Funds Weigh In On Natural Health Trends

An institutional investor recently bought a new position in Natural Health Trends stock. Hartline Investment Corp bought a new stake in Natural Health Trends Corp. (NASDAQ:NHTC) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 14,241 shares of the company’s stock, valued at approximately $95,000. Hartline Investment Corp owned 0.12% of Natural Health Trends as of its most recent SEC filing. Institutional investors and hedge funds own 10.13% 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 offers wellness products, including liquid, encapsulated, tableted and powder dietary and nutritional supplements, vitamins, and minerals; and herbal products comprising herbal supplements.