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

Equities researchers at StockNews.com started coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a research note issued on Thursday. The brokerage set a “buy” rating on the stock.

Natural Health Trends Price Performance

NHTC opened at $4.79 on Thursday. The business has a fifty day moving average price of $4.79 and a 200 day moving average price of $5.87. Natural Health Trends has a 12 month low of $4.02 and a 12 month high of $7.40. The stock has a market capitalization of $55.15 million, a price-to-earnings ratio of 68.43 and a beta of 0.94.

Institutional Investors Weigh In On Natural Health Trends

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