Natural Health Trends (NASDAQ:NHTC) Raised to “Buy” at StockNews.com

StockNews.com upgraded shares of Natural Health Trends (NASDAQ:NHTC) from a hold rating to a buy rating in a research note issued to investors on Wednesday.

Natural Health Trends Stock Performance

Shares of NASDAQ:NHTC opened at $7.00 on Wednesday. Natural Health Trends has a 52 week low of $5.09 and a 52 week high of $7.40. The firm has a market cap of $80.62 million, a PE ratio of 140.00 and a beta of 0.91. The firm’s fifty day moving average is $6.97 and its 200-day moving average is $6.71.

Natural Health Trends Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 23rd. Investors of record on Tuesday, August 13th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 11.43%. The ex-dividend date of this dividend is Tuesday, August 13th. Natural Health Trends’s dividend payout ratio is currently 1,600.00%.

Institutional Investors Weigh In On Natural Health Trends

Several large investors have recently modified their holdings of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake 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 worth $139,000 after purchasing an additional 5,359 shares during the period. PSI Advisors LLC acquired a new position in shares of Natural Health Trends during the 2nd quarter valued at $29,000. Finally, Hartline Investment Corp bought a new position in Natural Health Trends during the first quarter worth $95,000. 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.