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

by · The Cerbat Gem

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

Natural Health Trends Stock Up 1.0 %

Shares of NHTC stock opened at $4.96 on Tuesday. The company has a market cap of $57.10 million, a P/E ratio of 82.68 and a beta of 0.86. The business has a 50 day moving average of $5.01 and a two-hundred day moving average of $5.08. Natural Health Trends has a 52 week low of $4.02 and a 52 week high of $7.40.

Natural Health Trends (NASDAQ:NHTC – Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.01 earnings per share for the quarter. Natural Health Trends had a return on equity of 1.53% and a net margin of 1.33%. The firm had revenue of $10.74 million for the quarter.

Natural Health Trends Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, May 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 16.13%. Natural Health Trends’s dividend payout ratio (DPR) is presently 1,600.00%.

Hedge Funds Weigh In On Natural Health Trends

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP grew its stake in shares of Natural Health Trends by 5.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company’s stock worth $202,000 after purchasing an additional 2,274 shares in the last quarter. Millennium Management LLC increased its stake in Natural Health Trends by 51.4% during the 4th quarter. Millennium Management LLC now owns 16,108 shares of the company’s stock valued at $74,000 after buying an additional 5,467 shares during the period. Geode Capital Management LLC lifted its stake in shares of Natural Health Trends by 6.9% in the 3rd 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 during the period. Finally, SBI Securities Co. Ltd. bought a new position in shares of Natural Health Trends in the fourth quarter valued at approximately $40,000. 10.13% of the stock is owned by institutional investors.

About Natural Health Trends

(Get Free Report)

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.

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