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

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

Natural Health Trends Stock Down 2.3 %

Shares of NASDAQ NHTC opened at $5.00 on Tuesday. The stock has a market cap of $57.57 million, a PE ratio of 83.35 and a beta of 0.97. The business has a 50-day moving average price of $4.94 and a 200 day moving average price of $5.46. Natural Health Trends has a 52-week low of $4.02 and a 52-week high of $7.40.

Natural Health Trends (NASDAQ:NHTC) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.02 earnings per share (EPS) for the quarter. Natural Health Trends had a return on equity of 1.53% and a net margin of 1.33%.

Institutional Investors Weigh In On Natural Health Trends

Several institutional investors have recently made changes to their positions in the stock. Millennium Management LLC grew its holdings 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 purchasing an additional 5,467 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Natural Health Trends by 5.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company’s stock valued at $202,000 after purchasing an additional 2,274 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of Natural Health Trends in the fourth quarter worth approximately $40,000. Finally, Geode Capital Management LLC grew its stake in shares of Natural Health Trends by 6.9% during the 3rd quarter. Geode Capital Management LLC now owns 86,590 shares of the company’s stock valued at $515,000 after buying an additional 5,624 shares during the 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.