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

StockNews.com began coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a research note released on Monday morning. The brokerage issued a buy rating on the stock.

Natural Health Trends Price Performance

NASDAQ:NHTC opened at $5.63 on Monday. Natural Health Trends has a 1-year low of $5.25 and a 1-year high of $7.40. The company has a 50-day moving average of $6.15 and a 200 day moving average of $6.66. The firm has a market cap of $64.82 million, a PE ratio of 80.29 and a beta of 0.91.

Natural Health Trends Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Tuesday, November 12th will be paid a dividend of $0.20 per share. The ex-dividend date is Tuesday, November 12th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 14.21%. Natural Health Trends’s dividend payout ratio is presently 1,142.86%.

Institutional Trading of Natural Health Trends

A hedge fund recently raised its stake in Natural Health Trends stock. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of Natural Health Trends Corp. (NASDAQ:NHTC) by 37.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,600 shares of the company’s stock after purchasing an additional 5,359 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors owned about 0.17% of Natural Health Trends worth $139,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other 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.