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

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

Natural Health Trends Stock Performance

NHTC stock opened at $6.65 on Monday. The stock has a market capitalization of $76.60 million, a price-to-earnings ratio of 133.02 and a beta of 0.91. Natural Health Trends has a 1 year low of $5.22 and a 1 year high of $7.40. The stock’s fifty day moving average is $6.93 and its two-hundred day moving average is $6.82.

Natural Health Trends (NASDAQ:NHTC) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.02 earnings per share for the quarter. Natural Health Trends had a net margin of 2.07% and a return on equity of 2.21%. The business had revenue of $10.48 million for the quarter.

Institutional Investors Weigh In On Natural Health Trends

A number of hedge funds and other institutional investors have recently modified their holdings of NHTC. Hartline Investment Corp acquired a new position in Natural Health Trends during the first quarter worth about $95,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in 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 worth $139,000 after acquiring an additional 5,359 shares during the period. Finally, PSI Advisors LLC acquired a new position in Natural Health Trends during the second quarter worth about $29,000. 10.13% of the stock is currently owned by 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.