Natural Health Trends (NASDAQ:NHTC) Now Covered by StockNews.com

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

Natural Health Trends Stock Performance

Natural Health Trends stock opened at $4.62 on Tuesday. The business’s 50-day simple moving average is $5.02 and its two-hundred day simple moving average is $6.02. The company has a market cap of $53.19 million, a PE ratio of 66.00 and a beta of 0.94. Natural Health Trends has a fifty-two week low of $4.02 and a fifty-two week high of $7.40.

Natural Health Trends Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Tuesday, November 12th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 17.32%. The ex-dividend date of this dividend was Tuesday, November 12th. Natural Health Trends’s dividend payout ratio 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 raised its holdings in Natural Health Trends Corp. (NASDAQ:NHTC) by 6.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 86,590 shares of the company’s stock after purchasing an additional 5,624 shares during the quarter. Geode Capital Management LLC owned 0.75% of Natural Health Trends worth $515,000 at the end of the most recent reporting period. Institutional investors and hedge funds 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.