Natural Health Trends (NASDAQ:NHTC) was upgraded by BidaskClub from a “hold” rating to a “buy” rating in a report issued on Thursday.
NHTC stock traded down $0.54 during mid-day trading on Thursday, hitting $23.35. The company had a trading volume of 23,461 shares, compared to its average volume of 32,370. The firm has a market cap of $274.16 million, a price-to-earnings ratio of 8.14 and a beta of 2.04. Natural Health Trends has a 12 month low of $14.15 and a 12 month high of $27.23.
Natural Health Trends (NASDAQ:NHTC) last posted its quarterly earnings results on Tuesday, October 30th. The company reported $0.67 earnings per share (EPS) for the quarter. Natural Health Trends had a net margin of 10.69% and a return on equity of 36.88%. The company had revenue of $47.04 million for the quarter.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Northern Trust Corp raised its position in shares of Natural Health Trends by 3.5% in the first quarter. Northern Trust Corp now owns 82,864 shares of the company’s stock valued at $1,575,000 after purchasing an additional 2,796 shares during the period. Bank of New York Mellon Corp increased its holdings in Natural Health Trends by 4.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 79,774 shares of the company’s stock worth $1,995,000 after acquiring an additional 3,362 shares during the period. Stone Ridge Asset Management LLC increased its holdings in Natural Health Trends by 24.2% during the 3rd quarter. Stone Ridge Asset Management LLC now owns 17,988 shares of the company’s stock worth $419,000 after acquiring an additional 3,500 shares during the period. California Public Employees Retirement System increased its holdings in Natural Health Trends by 28.7% during the 1st quarter. California Public Employees Retirement System now owns 33,591 shares of the company’s stock worth $639,000 after acquiring an additional 7,491 shares during the period. Finally, BlackRock Inc. increased its holdings in Natural Health Trends by 1.7% during the 1st quarter. BlackRock Inc. now owns 514,862 shares of the company’s stock worth $9,786,000 after acquiring an additional 8,524 shares during the period. 33.69% of the stock is currently 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'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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