StockNews.com Begins Coverage on Natural Health Trends (NASDAQ:NHTC)

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

Natural Health Trends Stock Performance

Shares of NHTC stock opened at $5.70 on Thursday. The stock has a fifty day moving average price of $6.54 and a 200 day moving average price of $6.78. The stock has a market cap of $65.65 million, a PE ratio of 114.00 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 (NASDAQ:NHTC) last issued its quarterly earnings data 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 return on equity of 2.21% and a net margin of 2.07%.

Natural Health Trends Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Tuesday, August 13th were issued a $0.20 dividend. 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 14.04%. Natural Health Trends’s dividend payout ratio (DPR) is 1,600.00%.

Institutional Trading of Natural Health Trends

A number of large investors have recently made changes to their positions in the stock. Hartline Investment Corp purchased a new position in Natural Health Trends in the 1st quarter valued at about $95,000. PSI Advisors LLC purchased a new position in shares of Natural Health Trends during the second quarter valued at approximately $29,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position 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 acquiring an additional 5,359 shares during the last quarter. Institutional investors and hedge funds 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.