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

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

Natural Health Trends Trading Down 1.3 %

Shares of NASDAQ NHTC opened at $4.64 on Monday. The company has a market cap of $53.42 million, a price-to-earnings ratio of 66.29 and a beta of 0.94. The stock’s 50 day simple moving average is $5.15 and its 200 day simple moving average is $6.10. Natural Health Trends has a 12-month low of $4.02 and a 12-month high of $7.40.

Natural Health Trends Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Tuesday, November 12th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 17.24%. The ex-dividend date was Tuesday, November 12th. Natural Health Trends’s dividend payout ratio (DPR) is 1,142.86%.

Institutional Trading of Natural Health Trends

A hedge fund recently raised its stake in Natural Health Trends stock. Geode Capital Management LLC lifted its holdings in Natural Health Trends Corp. (NASDAQ:NHTC) by 6.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,590 shares of the company’s stock after purchasing an additional 5,624 shares during the period. Geode Capital Management LLC owned about 0.75% of Natural Health Trends worth $515,000 at the end of the most recent reporting period. 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.