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 research report issued on Thursday. The firm set a “buy” rating on the stock.

Natural Health Trends Stock Down 0.4 %

NHTC stock opened at $5.01 on Thursday. The firm has a market cap of $57.68 million, a PE ratio of 83.51 and a beta of 0.97. The business has a 50 day moving average of $5.04 and a 200-day moving average of $5.32. Natural Health Trends has a 12-month low of $4.02 and a 12-month high of $7.40.

Natural Health Trends (NASDAQ:NHTC) last released 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

A number of institutional investors have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. purchased a new position in shares of Natural Health Trends in the 4th quarter worth about $40,000. Geode Capital Management LLC lifted its position in Natural Health Trends by 6.9% in 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 during the last quarter. 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 worth $74,000 after buying an additional 5,467 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Natural Health Trends by 5.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company’s stock valued at $202,000 after acquiring an additional 2,274 shares during the last quarter. 10.13% of the stock is currently owned by 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.