Natural Health Trends (NASDAQ:NHTC) Coverage Initiated by Analysts at StockNews.com

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

Natural Health Trends Trading Down 0.2 %

Shares of Natural Health Trends stock opened at $6.74 on Friday. The firm has a market capitalization of $77.57 million, a P/E ratio of 134.70 and a beta of 0.91. The business’s fifty day simple moving average is $6.97 and its 200 day simple moving average is $6.77. Natural Health Trends has a 12 month low of $5.21 and a 12 month high of $7.40.

Natural Health Trends (NASDAQ:NHTC) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.02 earnings per share (EPS) for the quarter. Natural Health Trends had a net margin of 2.07% and a return on equity of 2.21%. The company had revenue of $10.48 million during the quarter.

Institutional Investors Weigh In On Natural Health Trends

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Hartline Investment Corp purchased a new position in shares of Natural Health Trends in the first quarter worth about $95,000. PSI Advisors LLC bought a new position in Natural Health Trends in the 2nd quarter worth approximately $29,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in Natural Health Trends by 37.6% in the 2nd 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 buying an additional 5,359 shares in the last quarter. 10.13% of the stock is currently 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.