Natural Health Trends (NASDAQ:NHTC) Research Coverage Started at StockNews.com

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

Natural Health Trends Price Performance

Shares of NHTC opened at $4.14 on Friday. The firm’s 50 day moving average is $5.63 and its 200-day moving average is $6.39. The stock has a market capitalization of $47.65 million, a P/E ratio of 59.14 and a beta of 0.89. Natural Health Trends has a 12-month low of $4.11 and a 12-month high of $7.40.

Natural Health Trends Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Tuesday, November 12th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 19.32%. The ex-dividend date was Tuesday, November 12th. Natural Health Trends’s dividend payout ratio (DPR) is currently 1,142.86%.

Institutional Inflows and Outflows

Institutional 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% in 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 acquiring 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% in the third quarter. Geode Capital Management LLC now owns 86,590 shares of the company’s stock worth $515,000 after acquiring an additional 5,624 shares in the last quarter. Finally, PSI Advisors LLC purchased a new position in shares of Natural Health Trends in the second quarter worth approximately $29,000. 10.13% of the stock is owned by hedge funds and other institutional investors.

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.