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

Equities researchers at StockNews.com initiated coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a note issued to investors on Saturday. The firm set a “buy” rating on the stock.

Natural Health Trends Stock Performance

NHTC stock opened at $4.42 on Friday. The company has a market cap of $50.89 million, a price-to-earnings ratio of 63.14 and a beta of 0.89. The business’s 50-day moving average is $5.48 and its two-hundred day moving average is $6.30. Natural Health Trends has a fifty-two week low of $4.02 and a fifty-two week high of $7.40.

Institutional Investors Weigh In On Natural Health Trends

An institutional investor recently raised its position in Natural Health Trends stock. Geode Capital Management LLC increased its position in shares of Natural Health Trends Corp. (NASDAQ:NHTC) by 6.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,590 shares of the company’s stock after purchasing an additional 5,624 shares during the period. Geode Capital Management LLC owned 0.75% of Natural Health Trends worth $515,000 at the end of the most recent reporting period. 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.