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

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

Natural Health Trends Stock Performance

NASDAQ:NHTC opened at $4.62 on Tuesday. The stock has a 50-day simple moving average of $4.95 and a 200-day simple moving average of $6.00. The stock has a market cap of $53.19 million, a P/E ratio of 66.00 and a beta of 0.94. Natural Health Trends has a 1 year low of $4.02 and a 1 year high of $7.40.

Natural Health Trends Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Tuesday, November 12th were given a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 17.32%. Natural Health Trends’s dividend payout ratio (DPR) is presently 1,142.86%.

Institutional Trading of Natural Health Trends

An institutional investor recently raised its position in Natural Health Trends stock. Geode Capital Management LLC lifted its position in Natural Health Trends Corp. (NASDAQ:NHTC) by 6.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 86,590 shares of the company’s stock after purchasing an additional 5,624 shares during the quarter. Geode Capital Management LLC owned approximately 0.75% of Natural Health Trends worth $515,000 at the end of the most recent quarter. 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.