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

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

Natural Health Trends Price Performance

Shares of Natural Health Trends stock opened at $5.60 on Tuesday. The company has a market capitalization of $64.47 million, a price-to-earnings ratio of 80.00 and a beta of 0.91. The business has a fifty day simple moving average of $6.02 and a two-hundred day simple moving average of $6.62. Natural Health Trends has a 1 year low of $5.25 and a 1 year high of $7.40.

Natural Health Trends Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Tuesday, November 12th will be issued a $0.20 dividend. The ex-dividend date is Tuesday, November 12th. This represents a $0.80 annualized dividend and a yield of 14.29%. Natural Health Trends’s dividend payout ratio is currently 1,142.86%.

Institutional Investors Weigh In On Natural Health Trends

Several hedge funds have recently bought and sold shares of NHTC. PSI Advisors LLC bought a new position in shares of Natural Health Trends during the second quarter worth approximately $29,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in Natural Health Trends by 37.6% in 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 grew its holdings in Natural Health Trends by 6.9% in the 3rd 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 in the last quarter. 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.