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

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

Natural Health Trends Stock Up 1.8 %

Natural Health Trends stock opened at $6.13 on Friday. The business has a 50-day simple moving average of $6.19 and a 200 day simple moving average of $6.67. Natural Health Trends has a 52 week low of $5.25 and a 52 week high of $7.40. The stock has a market cap of $70.56 million, a price-to-earnings ratio of 87.57 and a beta of 0.91.

Natural Health Trends Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Tuesday, November 12th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 13.05%. The ex-dividend date is Tuesday, November 12th. Natural Health Trends’s payout ratio is presently 1,142.86%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Natural Health Trends stock. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of Natural Health Trends Corp. (NASDAQ:NHTC) by 37.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,600 shares of the company’s stock after purchasing an additional 5,359 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors owned about 0.17% of Natural Health Trends worth $139,000 at the end of the most recent quarter. 10.13% of the stock is owned by 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.