StockNews.com Initiates Coverage on Natural Health Trends (NASDAQ:NHTC)

StockNews.com began coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a research note issued to investors on Monday. The brokerage set a “buy” rating on the stock.

Natural Health Trends Price Performance

NASDAQ:NHTC opened at $4.70 on Monday. The company has a fifty day moving average price of $5.20 and a 200 day moving average price of $6.13. Natural Health Trends has a one year low of $4.02 and a one year high of $7.40. The stock has a market cap of $54.11 million, a P/E ratio of 67.14 and a beta of 0.94.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Natural Health Trends stock. Geode Capital Management LLC lifted its position in shares of Natural Health Trends Corp. (NASDAQ:NHTC) by 6.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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 at the end of the most recent reporting period. 10.13% of the stock is owned by hedge funds and other institutional investors.

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.