StockNews.com Begins Coverage on Natural Health Trends (NASDAQ:NHTC)

Equities research analysts at StockNews.com initiated coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a report released on Monday. The brokerage 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 has a 50-day moving average of $5.15 and a two-hundred day moving average of $6.10. The stock has a market cap of $54.11 million, a P/E ratio of 67.14 and a beta of 0.94. Natural Health Trends has a 12-month low of $4.02 and a 12-month high of $7.40.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Natural Health Trends stock. Geode Capital Management LLC lifted its position in shares of Natural Health Trends Corp. (NASDAQ:NHTC) by 6.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 86,590 shares of the company’s stock after buying an additional 5,624 shares during the period. Geode Capital Management LLC owned 0.75% of Natural Health Trends worth $515,000 as of its most recent SEC filing. 10.13% of the stock is owned by institutional investors and hedge funds.

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.