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

StockNews.com assumed coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a research report sent to investors on Thursday morning. The firm issued a buy rating on the stock.

Natural Health Trends Price Performance

Shares of NHTC stock opened at $4.95 on Thursday. The stock has a market cap of $56.97 million, a PE ratio of 70.71 and a beta of 0.94. The stock has a 50-day moving average of $4.77 and a 200-day moving average of $5.86. Natural Health Trends has a one year low of $4.02 and a one year high of $7.40.

Hedge Funds Weigh In On Natural Health Trends

An institutional investor recently raised its position in Natural Health Trends stock. Geode Capital Management LLC boosted its holdings in shares of Natural Health Trends Corp. (NASDAQ:NHTC) by 6.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 86,590 shares of the company’s stock after acquiring an additional 5,624 shares during the period. Geode Capital Management LLC owned approximately 0.75% of Natural Health Trends worth $515,000 as of its most recent filing with the Securities and Exchange Commission. 10.13% of the stock is currently 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.