Natural Health Trends (NASDAQ:NHTC) Coverage Initiated by Analysts at StockNews.com

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

Natural Health Trends Price Performance

Shares of NHTC traded up $0.04 on Thursday, hitting $5.76. The company’s stock had a trading volume of 4,036 shares, compared to its average volume of 19,873. The company has a market capitalization of $66.36 million, a PE ratio of 63.22 and a beta of 0.91. Natural Health Trends has a fifty-two week low of $5.25 and a fifty-two week high of $7.40. The company has a 50 day moving average price of $6.57 and a 200 day moving average price of $6.78.

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

Natural Health Trends Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Tuesday, August 13th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 13.89%. The ex-dividend date of this dividend was Tuesday, August 13th. Natural Health Trends’s payout ratio is presently 888.89%.

Institutional Trading of Natural Health Trends

A number of hedge funds and other institutional investors have recently modified their holdings of NHTC. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in Natural Health Trends by 37.6% in the 2nd 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 during the last quarter. Hartline Investment Corp bought a new position in Natural Health Trends in the first quarter valued at about $95,000. Finally, PSI Advisors LLC acquired a new stake in Natural Health Trends in the second quarter worth about $29,000. 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.