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

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

Natural Health Trends Stock Performance

Shares of NHTC stock opened at $6.63 on Monday. The stock’s 50-day moving average is $6.18 and its two-hundred day moving average is $6.67. The firm has a market cap of $76.31 million, a price-to-earnings ratio of 94.29 and a beta of 0.91. Natural Health Trends has a 1 year low of $5.25 and a 1 year high of $7.40.

Natural Health Trends Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Tuesday, November 12th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 12.07%. The ex-dividend date of this dividend is Tuesday, November 12th. Natural Health Trends’s dividend payout ratio is currently 1,142.86%.

Hedge Funds Weigh In On Natural Health Trends

An institutional investor recently bought a new position in Natural Health Trends stock. PSI Advisors LLC purchased a new stake in shares of Natural Health Trends Corp. (NASDAQ:NHTC) in the second quarter, according to its most recent filing with the SEC. The firm purchased 4,143 shares of the company’s stock, valued at approximately $29,000. 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.