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

Investment analysts at StockNews.com initiated coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a note issued to investors on Wednesday. The firm set a “buy” rating on the stock.

Natural Health Trends Stock Down 0.5 %

Shares of NASDAQ NHTC opened at $5.49 on Wednesday. The firm’s 50-day simple moving average is $5.95 and its 200 day simple moving average is $6.58. The company has a market cap of $63.21 million, a price-to-earnings ratio of 78.43 and a beta of 0.91. Natural Health Trends has a 12-month low of $5.26 and a 12-month high of $7.40.

Institutional Investors Weigh In On Natural Health Trends

Large investors have recently bought and sold shares of the company. PSI Advisors LLC bought a new stake in Natural Health Trends in the 2nd quarter valued at $29,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in shares of Natural Health Trends by 37.6% in the second 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 acquiring an additional 5,359 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Natural Health Trends by 6.9% in the third quarter. Geode Capital Management LLC now owns 86,590 shares of the company’s stock valued at $515,000 after buying an additional 5,624 shares in the last quarter. Institutional investors own 10.13% of the company’s stock.

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.