Natural Health Trends (NASDAQ:NHTC) Now Covered by StockNews.com

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

Natural Health Trends Stock Performance

Shares of NHTC opened at $4.14 on Friday. The company’s 50 day moving average price is $5.63 and its 200 day moving average price is $6.39. Natural Health Trends has a 52 week low of $4.11 and a 52 week high of $7.40. The company has a market capitalization of $47.65 million, a PE ratio of 59.14 and a beta of 0.89.

Natural Health Trends Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Tuesday, November 12th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 19.32%. The ex-dividend date of this dividend was Tuesday, November 12th. Natural Health Trends’s dividend payout ratio (DPR) is presently 1,142.86%.

Institutional Trading of Natural Health Trends

Institutional investors have recently added to or reduced their stakes in the business. PSI Advisors LLC acquired a new stake in Natural Health Trends in the second quarter valued at approximately $29,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in Natural Health Trends by 37.6% in 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 acquiring an additional 5,359 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Natural Health Trends by 6.9% in the third quarter. Geode Capital Management LLC now owns 86,590 shares of the company’s stock valued at $515,000 after acquiring an additional 5,624 shares during the last quarter. 10.13% of the stock is currently 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.