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

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

Natural Health Trends Trading Down 9.6 %

NASDAQ NHTC opened at $5.76 on Tuesday. Natural Health Trends has a 12 month low of $5.25 and a 12 month high of $7.40. The stock has a 50-day simple moving average of $6.85 and a 200 day simple moving average of $6.83. The company has a market capitalization of $66.34 million, a PE ratio of 115.20 and a beta of 0.91.

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

Natural Health Trends Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Tuesday, August 13th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 13.89%. The ex-dividend date of this dividend was Tuesday, August 13th. Natural Health Trends’s dividend payout ratio is currently 1,600.00%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised 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 during the period. PSI Advisors LLC bought a new stake in shares of Natural Health Trends during the second quarter worth $29,000. Finally, Hartline Investment Corp acquired a new stake in shares of Natural Health Trends during the first quarter worth $95,000. 10.13% of the stock is owned by institutional investors and hedge funds.

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.