Natural Health Trends (NASDAQ:NHTC) Earns Buy Rating from Analysts at StockNews.com

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

Natural Health Trends Stock Performance

NASDAQ NHTC opened at $5.44 on Wednesday. Natural Health Trends has a 52-week low of $5.26 and a 52-week high of $7.40. The firm has a 50-day moving average of $5.86 and a 200-day moving average of $6.54. The stock has a market cap of $62.63 million, a PE ratio of 77.71 and a beta of 0.91.

Natural Health Trends Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Tuesday, November 12th were issued a $0.20 dividend. The ex-dividend date was Tuesday, November 12th. This represents a $0.80 dividend on an annualized basis and a yield of 14.71%. Natural Health Trends’s payout ratio is 1,142.86%.

Institutional Trading of Natural Health Trends

Several hedge funds have recently modified their holdings of the stock. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings 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 worth $139,000 after acquiring an additional 5,359 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Natural Health Trends by 6.9% during 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. Finally, PSI Advisors LLC purchased a new position in Natural Health Trends in the second quarter worth $29,000. Institutional investors own 10.13% of the company’s stock.

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.