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

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

Natural Health Trends Stock Performance

Shares of NHTC opened at $5.02 on Friday. The stock has a fifty day moving average of $5.05 and a 200-day moving average of $5.25. Natural Health Trends has a 52 week low of $4.02 and a 52 week high of $7.40. The stock has a market capitalization of $57.80 million, a price-to-earnings ratio of 83.68 and a beta of 0.97.

Natural Health Trends (NASDAQ:NHTC) last posted its earnings results on Wednesday, February 5th. The company reported $0.02 EPS 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 hedge funds have recently made changes to their positions in the stock. Millennium Management LLC boosted its stake in shares of Natural Health Trends by 51.4% in the 4th 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 grew its holdings in Natural Health Trends by 5.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company’s stock worth $202,000 after acquiring an additional 2,274 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of Natural Health Trends in the 4th quarter valued at about $40,000. Finally, Geode Capital Management LLC boosted its position 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 purchasing an additional 5,624 shares in 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.