Natural Health Trends (NASDAQ:NHTC) Coverage Initiated by Analysts at StockNews.com

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

Natural Health Trends Stock Up 5.2 %

NASDAQ NHTC opened at $4.42 on Friday. The stock’s 50-day simple moving average is $5.48 and its two-hundred day simple moving average is $6.30. Natural Health Trends has a twelve month low of $4.02 and a twelve month high of $7.40. The company has a market capitalization of $50.89 million, a price-to-earnings ratio of 63.14 and a beta of 0.89.

Institutional Investors Weigh In On Natural Health Trends

A hedge fund recently raised its stake in Natural Health Trends stock. Geode Capital Management LLC increased its holdings in Natural Health Trends Corp. (NASDAQ:NHTC) by 6.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 86,590 shares of the company’s stock after purchasing an additional 5,624 shares during the quarter. Geode Capital Management LLC owned 0.75% of Natural Health Trends worth $515,000 as of its most recent filing with the Securities & Exchange Commission. 10.13% of the stock is currently owned by institutional investors and hedge funds.

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.