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

Research analysts at StockNews.com assumed coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a note issued to investors on Sunday. The brokerage set a “buy” rating on the stock.

Natural Health Trends Price Performance

Shares of NASDAQ:NHTC opened at $4.52 on Friday. Natural Health Trends has a 1 year low of $4.02 and a 1 year high of $7.40. The firm has a market capitalization of $52.04 million, a PE ratio of 64.57 and a beta of 0.89. The business’s 50 day moving average price is $5.31 and its 200-day moving average price is $6.19.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Natural Health Trends stock. Geode Capital Management LLC lifted its stake in Natural Health Trends Corp. (NASDAQ:NHTC) by 6.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 86,590 shares of the company’s stock after purchasing an additional 5,624 shares during the quarter. Geode Capital Management LLC owned about 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 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.