Investment analysts at StockNews.com initiated coverage on shares of Natural Health Trends (NASDAQ:NHTC - Get Free Report) in a note issued to investors on Friday. The firm set a "buy" rating on the stock.
Natural Health Trends Stock Performance
NHTC stock traded down $0.28 during trading on Friday, hitting $4.14. 40,848 shares of the company traded hands, compared to its average volume of 20,770. The company has a 50-day moving average of $5.63 and a 200-day moving average of $6.40. Natural Health Trends has a 1 year low of $4.11 and a 1 year high of $7.40. The firm has a market capitalization of $47.65 million, a PE ratio of 59.14 and a beta of 0.89.
Hedge Funds Weigh In On Natural Health Trends
Several hedge funds and other institutional investors have recently modified their holdings of the company. Geode Capital Management LLC boosted its holdings in Natural Health Trends by 6.9% in 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. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of Natural Health Trends by 37.6% during the second 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 buying an additional 5,359 shares during the period. Finally, PSI Advisors LLC bought a new position in Natural Health Trends in the second quarter worth about $29,000. 10.13% of the stock is owned by institutional investors.
Natural Health Trends Company Profile
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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.
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