StockNews.com initiated coverage on shares of Natural Health Trends (NASDAQ:NHTC - Free Report) in a research report released on Wednesday morning. The firm issued a buy rating on the stock.
Natural Health Trends Trading Down 3.6%
NHTC traded down $0.17 during midday trading on Wednesday, reaching $4.60. The company's stock had a trading volume of 31,003 shares, compared to its average volume of 20,677. The firm has a market capitalization of $52.96 million, a price-to-earnings ratio of 76.68 and a beta of 0.86. Natural Health Trends has a 1 year low of $4.02 and a 1 year high of $7.35. The stock's 50-day moving average is $4.97 and its 200-day moving average is $5.01.
Natural Health Trends (NASDAQ:NHTC - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $10.74 million for the quarter. Natural Health Trends had a net margin of 1.33% and a return on equity of 1.53%.
Natural Health Trends Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th will be paid a $0.20 dividend. The ex-dividend date is Tuesday, May 13th. This represents a $0.80 annualized dividend and a dividend yield of 17.39%. Natural Health Trends's dividend payout ratio is presently 1,600.00%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Millennium Management LLC lifted its stake in shares of Natural Health Trends by 51.4% in the fourth quarter. Millennium Management LLC now owns 16,108 shares of the company's stock worth $74,000 after buying an additional 5,467 shares in the last quarter. Dimensional Fund Advisors LP lifted 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 buying an additional 2,274 shares in the last quarter. Finally, SBI Securities Co. Ltd. bought a new position in shares of Natural Health Trends in the fourth quarter worth approximately $40,000. Institutional investors own 10.13% of the company's stock.
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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