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

Stock analysts at StockNews.com started coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a research report issued on Sunday. The brokerage set a “buy” rating on the stock.

Natural Health Trends Stock Up 5.4 %

Natural Health Trends stock opened at $4.49 on Friday. The stock has a market cap of $51.69 million, a PE ratio of 64.14 and a beta of 0.89. Natural Health Trends has a 12-month low of $4.02 and a 12-month high of $7.40. The business’s 50-day moving average price is $5.34 and its two-hundred day moving average price is $6.22.

Institutional Trading of Natural Health Trends

A hedge fund recently raised its stake in Natural Health Trends stock. Geode Capital Management LLC grew its position in Natural Health Trends Corp. (NASDAQ:NHTC) by 6.9% in the third quarter, according to its most recent filing with the SEC. The fund owned 86,590 shares of the company’s stock after acquiring an additional 5,624 shares during the period. Geode Capital Management LLC owned 0.75% of Natural Health Trends worth $515,000 as of its most recent filing with the SEC. 10.13% of the stock is owned by hedge funds and other 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.