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

StockNews.com lowered shares of Natural Health Trends (NASDAQ:NHTC) from a buy rating to a hold rating in a research report sent to investors on Wednesday morning.

Natural Health Trends Trading Down 1.1 %

Natural Health Trends stock opened at $7.00 on Wednesday. The firm has a 50 day moving average of $6.94 and a 200 day moving average of $6.64. The firm has a market capitalization of $80.64 million, a price-to-earnings ratio of 140.03 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.

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

Natural Health Trends Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Tuesday, May 14th were given a dividend of $0.20 per share. The ex-dividend date was Monday, May 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 11.43%. Natural Health Trends’s dividend payout ratio is currently 1,600.32%.

Institutional Trading of Natural Health Trends

A number of institutional investors have recently bought and sold shares of the stock. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in Natural Health Trends by 37.6% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 19,600 shares of the company’s stock worth $139,000 after buying an additional 5,359 shares during the last quarter. Hartline Investment Corp bought a new stake in Natural Health Trends in the first quarter worth $95,000. Finally, PSI Advisors LLC bought a new stake in Natural Health Trends in the second quarter worth $29,000. 10.13% 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 offers wellness products, including liquid, encapsulated, tableted and powder dietary and nutritional supplements, vitamins, and minerals; and herbal products comprising herbal supplements.