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 research note issued on Saturday. The brokerage set a “buy” rating on the stock.

Natural Health Trends Stock Up 7.8 %

Shares of NHTC opened at $5.24 on Friday. Natural Health Trends has a fifty-two week low of $4.02 and a fifty-two week high of $7.40. The company’s fifty day moving average is $5.03 and its two-hundred day moving average is $5.18. The firm has a market cap of $60.33 million, a PE ratio of 87.35 and a beta of 0.97.

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

Institutional Trading of Natural Health Trends

A number of hedge funds and other institutional investors have recently modified their holdings of NHTC. SBI Securities Co. Ltd. acquired a new stake in shares of Natural Health Trends during the fourth quarter worth approximately $40,000. Geode Capital Management LLC lifted its position in shares of Natural Health Trends by 6.9% during the third quarter. Geode Capital Management LLC now owns 86,590 shares of the company’s stock worth $515,000 after purchasing an additional 5,624 shares during the last quarter. Millennium Management LLC grew its stake in Natural Health Trends by 51.4% in the fourth quarter. Millennium Management LLC now owns 16,108 shares of the company’s stock worth $74,000 after purchasing an additional 5,467 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings 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 buying an additional 2,274 shares during the last quarter. 10.13% of the stock is owned by hedge funds and other 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.