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

StockNews.com started coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a research report sent to investors on Monday morning. The firm issued a buy rating on the stock.

Natural Health Trends Stock Performance

NASDAQ:NHTC opened at $6.61 on Monday. The firm’s 50-day moving average is $6.92 and its 200-day moving average is $6.82. The company has a market cap of $76.13 million, a price-to-earnings ratio of 132.20 and a beta of 0.91. Natural Health Trends has a 52-week low of $5.22 and a 52-week high of $7.40.

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 return on equity of 2.21% and a net margin of 2.07%. The firm had revenue of $10.48 million for the quarter.

Natural Health Trends Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Tuesday, August 13th were paid a dividend of $0.20 per share. 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 12.10%. Natural Health Trends’s dividend payout ratio is currently 1,600.00%.

Hedge Funds Weigh In On Natural Health Trends

A number of hedge funds have recently made changes to their positions in the business. PSI Advisors LLC acquired a new stake in shares of Natural Health Trends during the 2nd quarter valued at about $29,000. Hartline Investment Corp acquired a new position in Natural Health Trends in the first quarter worth about $95,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in 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 during the period. Institutional investors and hedge funds 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.