StockNews.com began coverage on shares of Natural Health Trends (NASDAQ:NHTC - Free Report) in a research note issued to investors on Wednesday. The firm issued a buy rating on the stock.
Natural Health Trends Stock Up 1.5%
Shares of NHTC traded up $0.07 during trading hours on Wednesday, reaching $4.77. The company's stock had a trading volume of 14,754 shares, compared to its average volume of 20,640. The firm has a market cap of $54.92 million, a price-to-earnings ratio of 79.51 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 company has a 50 day moving average of $4.98 and a two-hundred day moving average of $5.04.
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 company had revenue of $10.74 million for the quarter.
Natural Health Trends Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Tuesday, May 13th will be issued a $0.20 dividend. The ex-dividend date is Tuesday, May 13th. This represents a $0.80 dividend on an annualized basis and a yield of 16.77%. Natural Health Trends's dividend payout ratio is currently 1,600.00%.
Hedge Funds Weigh In On Natural Health Trends
A number of hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its holdings in Natural Health Trends by 5.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company's stock valued at $202,000 after purchasing an additional 2,274 shares during the last quarter. Millennium Management LLC grew its holdings in Natural Health Trends by 51.4% during the fourth quarter. Millennium Management LLC now owns 16,108 shares of the company's stock valued at $74,000 after purchasing an additional 5,467 shares during the last quarter. Finally, SBI Securities Co. Ltd. acquired a new position in Natural Health Trends during the fourth quarter valued at approximately $40,000. Institutional investors and hedge funds 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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