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 sent to investors on Wednesday. The brokerage issued a buy rating on the stock.

Natural Health Trends Stock Performance

NASDAQ:NHTC opened at $5.84 on Wednesday. The stock has a market cap of $67.28 million, a price-to-earnings ratio of 116.84 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. The business has a fifty day moving average of $6.70 and a 200-day moving average of $6.81.

Natural Health Trends (NASDAQ:NHTC) last announced its earnings results on Wednesday, July 31st. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $10.48 million during the quarter. Natural Health Trends had a net margin of 2.07% and a return on equity of 2.21%.

Natural Health Trends Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Tuesday, August 13th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, August 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 13.69%. Natural Health Trends’s dividend payout ratio is presently 1,600.00%.

Institutional Investors Weigh In On Natural Health Trends

A number of institutional investors have recently added to or reduced their stakes in NHTC. PSI Advisors LLC acquired a new position in shares of Natural Health Trends during the 2nd quarter valued at $29,000. Hartline Investment Corp acquired a new stake in shares of Natural Health Trends in the first quarter valued at $95,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted 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 valued at $139,000 after buying an additional 5,359 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.