Natural Health Trends (NASDAQ:NHTC) Earns Buy Rating from Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a research report issued to clients and investors on Friday. The brokerage set a “buy” rating on the stock.

Natural Health Trends Price Performance

NHTC opened at $4.39 on Friday. Natural Health Trends has a fifty-two week low of $4.34 and a fifty-two week high of $7.40. The company’s 50 day moving average price is $5.67 and its two-hundred day moving average price is $6.42. The firm has a market capitalization of $50.54 million, a price-to-earnings ratio of 62.71 and a beta of 0.89.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. PSI Advisors LLC purchased a new position in shares of Natural Health Trends during the 2nd quarter valued at $29,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in shares of Natural Health Trends by 37.6% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 19,600 shares of the company’s stock valued at $139,000 after purchasing an additional 5,359 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in Natural Health Trends by 6.9% in the 3rd quarter. Geode Capital Management LLC now owns 86,590 shares of the company’s stock worth $515,000 after purchasing an additional 5,624 shares during the period. Institutional investors own 10.13% of the company’s stock.

Natural Health Trends Company Profile

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.