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

Investment analysts at StockNews.com assumed coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a report issued on Tuesday. The firm set a “buy” rating on the stock.

Natural Health Trends Stock Up 2.0 %

NASDAQ NHTC opened at $5.48 on Tuesday. The company has a market cap of $63.07 million, a PE ratio of 78.29 and a beta of 0.91. The firm’s 50-day simple moving average is $6.05 and its two-hundred day simple moving average is $6.62. Natural Health Trends has a 52 week low of $5.25 and a 52 week high of $7.40.

Institutional Trading of Natural Health Trends

A number of large investors have recently modified their holdings of the business. Geode Capital Management LLC lifted its stake in Natural Health Trends by 6.9% during the third 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 last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in shares of Natural Health Trends by 37.6% during 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. Finally, PSI Advisors LLC bought a new stake in Natural Health Trends in the 2nd quarter worth approximately $29,000. Institutional investors 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.