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

Analysts at StockNews.com started coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a research note issued on Sunday. The brokerage set a “buy” rating on the stock.

Natural Health Trends Price Performance

Shares of NASDAQ NHTC opened at $4.74 on Friday. The stock has a market capitalization of $54.57 million, a PE ratio of 79.01 and a beta of 0.91. The business has a fifty day moving average price of $4.78 and a two-hundred day moving average price of $5.60. Natural Health Trends has a fifty-two week low of $4.02 and a fifty-two week high of $7.40.

Natural Health Trends (NASDAQ:NHTC) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.02 earnings per share 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

A number of institutional investors have recently modified their holdings of NHTC. SBI Securities Co. Ltd. acquired a new position in shares of Natural Health Trends during the 4th quarter worth $40,000. Geode Capital Management LLC raised its holdings 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 buying an additional 5,624 shares in the last quarter. Millennium Management LLC raised its holdings in shares of Natural Health Trends by 51.4% during the 4th quarter. Millennium Management LLC now owns 16,108 shares of the company’s stock worth $74,000 after buying an additional 5,467 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Natural Health Trends by 5.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company’s stock worth $202,000 after buying an additional 2,274 shares in the last quarter. 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.