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

Equities research analysts at StockNews.com initiated coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a report released on Wednesday. The brokerage set a “buy” rating on the stock.

Natural Health Trends Price Performance

Shares of NHTC opened at $5.48 on Wednesday. The business’s 50-day moving average is $5.90 and its 200-day moving average is $6.56. The company has a market capitalization of $63.07 million, a price-to-earnings ratio of 78.29 and a beta of 0.91. Natural Health Trends has a fifty-two week low of $5.26 and a fifty-two week high of $7.40.

Hedge Funds Weigh In On Natural Health Trends

Institutional investors and hedge funds have recently modified their holdings of the stock. PSI Advisors LLC purchased a new stake in shares of Natural Health Trends during the second quarter worth $29,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position 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 worth $139,000 after purchasing an additional 5,359 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of 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 in the last quarter. 10.13% of the stock is currently owned by hedge funds and other institutional investors.

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.