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

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

Natural Health Trends Stock Performance

NASDAQ NHTC opened at $5.03 on Wednesday. The firm’s fifty day moving average price is $4.99 and its two-hundred day moving average price is $5.39. The stock has a market cap of $57.91 million, a PE ratio of 83.85 and a beta of 0.97. 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 posted its earnings results on Wednesday, February 5th. The company reported $0.02 earnings per share for the quarter. Natural Health Trends had a net margin of 1.33% and a return on equity of 1.53%.

Hedge Funds Weigh In On Natural Health Trends

Hedge funds and other institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC raised its holdings in shares of Natural Health Trends by 6.9% during the third quarter. Geode Capital Management LLC now owns 86,590 shares of the company’s stock valued at $515,000 after purchasing an additional 5,624 shares during the period. SBI Securities Co. Ltd. bought a new stake in Natural Health Trends in the 4th quarter worth about $40,000. Dimensional Fund Advisors LP grew its position in Natural Health Trends by 5.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company’s stock worth $202,000 after purchasing an additional 2,274 shares in the last quarter. Finally, Millennium Management LLC boosted its stake in Natural Health Trends by 51.4% in the fourth quarter. Millennium Management LLC now owns 16,108 shares of the company’s stock valued at $74,000 after acquiring an additional 5,467 shares during the last quarter. Institutional investors and hedge funds own 10.13% of the company’s stock.

Natural Health Trends Company Profile

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.