Natural Health Trends (NHTC) Stock Rating Lowered by BidaskClub

Natural Health Trends (NASDAQ:NHTC) was downgraded by equities researchers at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Thursday.

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

Shares of NHTC opened at $20.75 on Thursday. The stock has a market capitalization of $264.83 million, a PE ratio of 7.92 and a beta of 2.35. Natural Health Trends has a 52-week low of $14.15 and a 52-week high of $27.23.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. grew its stake in Natural Health Trends by 4.0% in the 2nd quarter. BlackRock Inc. now owns 535,248 shares of the company’s stock valued at $13,394,000 after acquiring an additional 20,386 shares during the last quarter. Renaissance Technologies LLC grew its stake in Natural Health Trends by 1.5% in the 2nd quarter. Renaissance Technologies LLC now owns 904,400 shares of the company’s stock valued at $22,628,000 after acquiring an additional 13,700 shares during the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp grew its stake in Natural Health Trends by 19.0% in the 1st 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 acquiring an additional 13,200 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in Natural Health Trends in the 1st quarter valued at about $251,000. Finally, Nisa Investment Advisors LLC acquired a new stake in Natural Health Trends in the 2nd quarter valued at about $313,000. Institutional investors and hedge funds 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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