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

Investment analysts at StockNews.com began coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a note issued to investors on Sunday. The firm set a “buy” rating on the stock.

Natural Health Trends Stock Performance

NASDAQ:NHTC opened at $4.79 on Friday. The stock has a 50-day simple moving average of $4.77 and a 200-day simple moving average of $5.63. The stock has a market cap of $55.13 million, a P/E ratio of 79.85 and a beta of 0.91. Natural Health Trends has a 1 year low of $4.02 and a 1 year high of $7.40.

Natural Health Trends (NASDAQ:NHTC) last released its quarterly earnings data 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 Trading of Natural Health Trends

Institutional investors and hedge funds have recently made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new stake in shares of Natural Health Trends in the 4th quarter valued at about $40,000. Millennium Management LLC lifted its holdings 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 lifted its holdings in shares of Natural Health Trends by 5.5% in the 4th 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. Finally, Geode Capital Management LLC lifted its holdings in shares of 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. 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.