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

StockNews.com began coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a research note issued to investors on Tuesday. The brokerage issued a buy rating on the stock.

Natural Health Trends Stock Down 2.8 %

Shares of NASDAQ NHTC opened at $5.60 on Tuesday. The firm’s 50-day moving average price is $6.82 and its 200-day moving average price is $6.82. Natural Health Trends has a 52-week low of $5.25 and a 52-week high of $7.40. The company has a market cap of $64.50 million, a PE ratio of 112.00 and a beta of 0.91.

Natural Health Trends (NASDAQ:NHTC) last issued 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 company had revenue of $10.48 million for the quarter.

Natural Health Trends Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Tuesday, August 13th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 14.29%. The ex-dividend date of this dividend was Tuesday, August 13th. Natural Health Trends’s dividend payout ratio is 1,600.00%.

Institutional Investors Weigh In On Natural Health Trends

A number of large investors have recently made changes to their positions in NHTC. PSI Advisors LLC bought a new position in shares of Natural Health Trends in the 2nd quarter worth approximately $29,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position 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 valued at $139,000 after buying an additional 5,359 shares during the period. Finally, Hartline Investment Corp purchased a new stake in Natural Health Trends during the first quarter valued at approximately $95,000. 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.