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

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

Natural Health Trends Stock Performance

Shares of Natural Health Trends stock opened at $5.44 on Wednesday. The stock has a market capitalization of $62.61 million, a P/E ratio of 77.71 and a beta of 0.91. Natural Health Trends has a 52-week low of $5.26 and a 52-week high of $7.40. The stock’s 50-day simple moving average is $5.86 and its 200 day simple moving average is $6.54.

Natural Health Trends Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Tuesday, November 12th were paid a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $0.80 dividend on an annualized basis and a yield of 14.71%. Natural Health Trends’s dividend payout ratio is 1,142.86%.

Institutional Investors Weigh In On Natural Health Trends

Several institutional investors have recently made changes to their positions in the stock. PSI Advisors LLC purchased a new position in shares of Natural Health Trends in the second quarter valued at $29,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in Natural Health Trends by 37.6% during 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. Finally, Geode Capital Management LLC increased 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 valued at $515,000 after buying an additional 5,624 shares during the period. Hedge funds and other institutional investors own 10.13% of the company’s stock.

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.