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 on Sunday. The brokerage set a “buy” rating on the stock.

Natural Health Trends Trading Up 1.5 %

Shares of NASDAQ NHTC opened at $4.79 on Friday. Natural Health Trends has a twelve month low of $4.02 and a twelve month high of $7.40. The stock has a fifty day simple moving average of $4.77 and a 200-day simple moving average of $5.63. The stock has a market capitalization of $55.13 million, a PE ratio of 79.85 and a beta of 0.91.

Natural Health Trends (NASDAQ:NHTC) last released its earnings results on Wednesday, February 5th. The company reported $0.02 EPS for the quarter. Natural Health Trends had a return on equity of 1.53% and a net margin of 1.33%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC grew its stake in Natural Health Trends by 6.9% during 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 in the last quarter. Millennium Management LLC boosted its position in shares of Natural Health Trends by 51.4% during the 4th quarter. Millennium Management LLC now owns 16,108 shares of the company’s stock worth $74,000 after acquiring an additional 5,467 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Natural Health Trends by 5.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company’s stock worth $202,000 after acquiring an additional 2,274 shares in the last quarter. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Natural Health Trends during the 4th quarter worth about $40,000. 10.13% of the stock is 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.