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

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

Natural Health Trends Trading Down 6.3 %

Natural Health Trends stock opened at $4.14 on Friday. The company’s 50-day moving average is $5.63 and its two-hundred day moving average is $6.39. Natural Health Trends has a 1 year low of $4.11 and a 1 year high of $7.40. The company has a market cap of $47.65 million, a PE ratio of 59.14 and a beta of 0.89.

Institutional Trading of Natural Health Trends

Hedge funds have recently added to or reduced their stakes in the business. PSI Advisors LLC bought a new stake in shares of Natural Health Trends during the second quarter worth $29,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in Natural Health Trends by 37.6% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 19,600 shares of the company’s stock worth $139,000 after buying an additional 5,359 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake 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 valued at $515,000 after purchasing an additional 5,624 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.