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

Research analysts at StockNews.com initiated coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a note issued to investors on Monday. The brokerage set a “buy” rating on the stock.

Natural Health Trends Price Performance

Shares of NHTC opened at $4.93 on Monday. The company has a 50-day simple moving average of $4.99 and a two-hundred day simple moving average of $5.12. The firm has a market capitalization of $56.76 million, a PE ratio of 82.18 and a beta of 0.97. Natural Health Trends has a one year low of $4.02 and a one year high of $7.40.

Natural Health Trends (NASDAQ:NHTC) last released its quarterly 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 Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NHTC. Geode Capital Management LLC increased its holdings 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 valued at $515,000 after acquiring an additional 5,624 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in shares of Natural Health Trends in the fourth quarter worth approximately $40,000. Dimensional Fund Advisors LP grew its holdings in shares of Natural Health Trends by 5.5% during 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. Finally, Millennium Management LLC increased its position in shares of Natural Health Trends by 51.4% during the fourth quarter. Millennium Management LLC now owns 16,108 shares of the company’s stock valued at $74,000 after acquiring an additional 5,467 shares in the last quarter. Institutional investors own 10.13% of the company’s stock.

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.