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

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

Natural Health Trends Trading Up 1.7 %

Shares of NHTC opened at $4.70 on Monday. The company’s 50-day moving average price is $5.15 and its 200 day moving average price is $6.10. Natural Health Trends has a 12-month low of $4.02 and a 12-month high of $7.40. The firm has a market cap of $54.11 million, a P/E ratio of 67.14 and a beta of 0.94.

Institutional Trading of Natural Health Trends

A hedge fund recently raised its stake in Natural Health Trends stock. Geode Capital Management LLC raised its position in Natural Health Trends Corp. (NASDAQ:NHTC) by 6.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 86,590 shares of the company’s stock after acquiring an additional 5,624 shares during the period. Geode Capital Management LLC owned approximately 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.

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.