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

Investment analysts at StockNews.com initiated coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a report issued on Thursday. The firm set a “buy” rating on the stock.

Natural Health Trends Stock Down 7.3 %

Shares of NHTC opened at $4.80 on Thursday. The business’s 50-day moving average price is $5.76 and its 200-day moving average price is $6.48. The stock has a market cap of $55.25 million, a PE ratio of 68.57 and a beta of 0.89. Natural Health Trends has a twelve month low of $4.66 and a twelve month high of $7.40.

Institutional Investors Weigh In On Natural Health Trends

Large investors have recently added to or reduced their stakes in the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in shares of Natural Health Trends by 37.6% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 19,600 shares of the company’s stock valued at $139,000 after acquiring an additional 5,359 shares in the last quarter. Geode Capital Management LLC lifted its position in 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 purchasing an additional 5,624 shares during the last quarter. Finally, PSI Advisors LLC purchased a new position in Natural Health Trends in the 2nd quarter worth approximately $29,000. 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.