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

StockNews.com initiated coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a research report issued to clients and investors on Thursday. The brokerage set a “buy” rating on the stock.

Natural Health Trends Price Performance

NHTC stock opened at $5.03 on Thursday. The firm has a fifty day moving average price of $4.76 and a two-hundred day moving average price of $5.85. Natural Health Trends has a 1-year low of $4.02 and a 1-year high of $7.40. The firm has a market cap of $57.90 million, a price-to-earnings ratio of 71.86 and a beta of 0.94.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Natural Health Trends stock. Geode Capital Management LLC increased its position in Natural Health Trends Corp. (NASDAQ:NHTC) by 6.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 86,590 shares of the company’s stock after acquiring an additional 5,624 shares during the period. Geode Capital Management LLC owned approximately 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.