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

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

Natural Health Trends Stock Performance

NHTC stock opened at $6.52 on Monday. Natural Health Trends has a 52 week low of $5.22 and a 52 week high of $7.40. The company has a market capitalization of $75.05 million, a PE ratio of 130.32 and a beta of 0.91. The company’s 50-day simple moving average is $6.91 and its 200 day simple moving average is $6.82.

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

Natural Health Trends Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Tuesday, August 13th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, August 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 12.28%. Natural Health Trends’s payout ratio is 1,600.00%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of NHTC. PSI Advisors LLC bought a new stake in Natural Health Trends during the second quarter worth about $29,000. Hartline Investment Corp bought a new position in Natural Health Trends in the 1st quarter valued at about $95,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position 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 buying an additional 5,359 shares in the last quarter. 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.