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

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

Natural Health Trends Stock Down 6.3 %

Shares of Natural Health Trends stock opened at $4.14 on Friday. The business has a fifty day simple moving average of $5.63 and a 200-day simple moving average of $6.39. Natural Health Trends has a fifty-two week low of $4.11 and a fifty-two week high of $7.40. The firm has a market cap of $47.65 million, a price-to-earnings ratio of 59.14 and a beta of 0.89.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in Natural Health Trends by 37.6% during the second 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 purchasing an additional 5,359 shares in the last quarter. Geode Capital Management LLC boosted 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 valued at $515,000 after buying an additional 5,624 shares during the period. Finally, PSI Advisors LLC purchased a new position in shares of Natural Health Trends during the 2nd quarter valued at $29,000. Hedge funds and other 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.