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

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

Natural Health Trends Price Performance

Shares of NHTC stock opened at $5.37 on Tuesday. The business’s 50 day simple moving average is $6.08 and its 200 day simple moving average is $6.64. Natural Health Trends has a one year low of $5.25 and a one year high of $7.40. The stock has a market capitalization of $61.81 million, a PE ratio of 76.71 and a beta of 0.91.

Natural Health Trends Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Tuesday, November 12th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 14.90%. The ex-dividend date is Tuesday, November 12th. Natural Health Trends’s payout ratio is presently 1,142.86%.

Hedge Funds Weigh In On Natural Health Trends

Several institutional investors have recently added to or reduced their stakes in NHTC. PSI Advisors LLC acquired a new position in Natural Health Trends in the second quarter valued at approximately $29,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised 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 worth $139,000 after purchasing an additional 5,359 shares during the period. Finally, Geode Capital Management LLC raised its position 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 worth $515,000 after purchasing an additional 5,624 shares during the period. 10.13% of the stock is owned by institutional investors and hedge funds.

Natural Health Trends Company Profile

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.