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

Equities researchers at StockNews.com began coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a research report issued to clients and investors on Sunday. The firm set a “buy” rating on the stock.

Natural Health Trends Trading Down 0.3 %

Shares of NASDAQ:NHTC opened at $4.92 on Friday. The firm has a 50 day simple moving average of $5.00 and a 200-day simple moving average of $5.15. Natural Health Trends has a twelve month low of $4.02 and a twelve month high of $7.40. The company has a market capitalization of $56.59 million, a PE ratio of 81.93 and a beta of 0.97.

Natural Health Trends (NASDAQ:NHTC) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.02 EPS for the quarter. Natural Health Trends had a return on equity of 1.53% and a net margin of 1.33%.

Hedge Funds Weigh In On Natural Health Trends

Several institutional investors and hedge funds have recently added to or reduced their stakes in NHTC. Dimensional Fund Advisors LP grew its stake in Natural Health Trends by 5.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company’s stock worth $202,000 after acquiring an additional 2,274 shares during the period. Millennium Management LLC raised its holdings in Natural Health Trends by 51.4% in the fourth quarter. Millennium Management LLC now owns 16,108 shares of the company’s stock valued at $74,000 after buying an additional 5,467 shares during the period. Geode Capital Management LLC boosted its position in Natural Health Trends by 6.9% during the 3rd quarter. Geode Capital Management LLC now owns 86,590 shares of the company’s stock worth $515,000 after purchasing an additional 5,624 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Natural Health Trends in the fourth quarter valued at about $40,000. Institutional investors and hedge funds 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.