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

StockNews.com assumed coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a research note issued to investors on Wednesday morning. The brokerage issued a buy rating on the stock.

Natural Health Trends Price Performance

Shares of NHTC stock opened at $5.48 on Wednesday. The company has a market cap of $63.07 million, a price-to-earnings ratio of 78.43 and a beta of 0.91. The stock has a 50 day simple moving average of $5.93 and a 200-day simple moving average of $6.57. Natural Health Trends has a 1-year low of $5.26 and a 1-year high of $7.40.

Natural Health Trends Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Tuesday, November 12th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 14.60%. The ex-dividend date of this dividend was Tuesday, November 12th. Natural Health Trends’s payout ratio is 1,142.86%.

Institutional Trading of Natural Health Trends

Large investors have recently made changes to their positions in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of 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 purchasing an additional 5,359 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Natural Health Trends by 6.9% during the third quarter. Geode Capital Management LLC now owns 86,590 shares of the company’s stock worth $515,000 after purchasing an additional 5,624 shares in the last quarter. Finally, PSI Advisors LLC purchased a new stake in shares of Natural Health Trends during the second quarter worth approximately $29,000. 10.13% of the stock is currently owned by hedge funds and other institutional investors.

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.