Natural Health Trends (NASDAQ:NHTC) Receives New Coverage from Analysts at StockNews.com

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

Natural Health Trends Price Performance

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

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

Natural Health Trends Announces Dividend

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

Hedge Funds Weigh In On Natural Health Trends

Several institutional investors and hedge funds have recently modified their holdings of the stock. PSI Advisors LLC bought a new stake in shares of Natural Health Trends during the 2nd quarter worth about $29,000. Hartline Investment Corp acquired a new stake in Natural Health Trends during the first quarter worth approximately $95,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings 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 acquiring an additional 5,359 shares during the period. 10.13% of the stock is currently owned by institutional investors and hedge funds.

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.