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

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

Natural Health Trends Price Performance

Natural Health Trends stock 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 business has a fifty day moving average price of $6.15 and a 200-day moving average price of $6.66. The stock has a market capitalization of $64.82 million, a price-to-earnings ratio of 80.29 and a beta of 0.91.

Natural Health Trends Dividend Announcement

The firm also recently declared 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 payout ratio is 1,142.86%.

Hedge Funds Weigh In On Natural Health Trends

An institutional investor recently bought a new position in Natural Health Trends stock. PSI Advisors LLC purchased a new stake in shares of Natural Health Trends Corp. (NASDAQ:NHTC) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 4,143 shares of the company’s stock, valued at approximately $29,000. 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.