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

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

Natural Health Trends Stock Performance

Natural Health Trends stock opened at $6.02 on Friday. The company has a market capitalization of $69.31 million, a PE ratio of 86.00 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 firm has a 50 day moving average price of $6.21 and a 200 day moving average price of $6.68.

Natural Health Trends Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Tuesday, November 12th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 13.29%. The ex-dividend date is Tuesday, November 12th. Natural Health Trends’s dividend payout ratio (DPR) is 1,142.86%.

Institutional Investors Weigh In On Natural Health Trends

A hedge fund recently bought a new stake in Natural Health Trends stock. PSI Advisors LLC acquired a new position in shares of Natural Health Trends Corp. (NASDAQ:NHTC) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,143 shares of the company’s stock, valued at approximately $29,000. Institutional investors 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.