Natural Health Trends (NASDAQ:NHTC) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Natural Health Trends (NASDAQ:NHTC) in a research note published on Monday morning. The firm 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 firm has a market cap of $53.42 million, a price-to-earnings ratio of 66.29 and a beta of 0.94. Natural Health Trends has a 1 year low of $4.02 and a 1 year high of $7.40. The business has a fifty day simple moving average of $5.15 and a 200 day simple moving average of $6.10.

Natural Health Trends Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Tuesday, November 12th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 17.24%. The ex-dividend date was Tuesday, November 12th. Natural Health Trends’s dividend payout ratio is presently 1,142.86%.

Hedge Funds Weigh In On Natural Health Trends

A hedge fund recently raised its stake in Natural Health Trends stock. Geode Capital Management LLC raised its position in shares of Natural Health Trends Corp. (NASDAQ:NHTC) by 6.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,590 shares of the company’s stock after acquiring an additional 5,624 shares during the period. Geode Capital Management LLC owned approximately 0.75% of Natural Health Trends worth $515,000 as of its most recent SEC filing. Institutional investors and hedge funds own 10.13% of the company’s stock.

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.