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

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

Natural Health Trends Stock Down 9.6 %

Shares of NHTC opened at $5.76 on Tuesday. Natural Health Trends has a twelve month low of $5.25 and a twelve month high of $7.40. The stock has a market capitalization of $66.34 million, a P/E ratio of 115.20 and a beta of 0.91. The company has a 50 day moving average of $6.85 and a 200-day moving average of $6.83.

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

Natural Health Trends Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Tuesday, August 13th were paid 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 yield of 13.89%. Natural Health Trends’s dividend payout ratio is 1,600.00%.

Institutional Investors Weigh In On Natural Health Trends

A number of institutional investors and hedge funds have recently made changes to their positions in NHTC. PSI Advisors LLC acquired a new position in Natural Health Trends during the second quarter worth $29,000. Hartline Investment Corp bought a new position in shares of Natural Health Trends in the 1st quarter valued at about $95,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in shares of Natural Health Trends by 37.6% during the 2nd 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 last quarter. Institutional investors own 10.13% of the company’s stock.

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.