Natural Health Trends (NASDAQ:NHTC) Upgraded at StockNews.com

StockNews.com upgraded shares of Natural Health Trends (NASDAQ:NHTC) from a hold rating to a buy rating in a report issued on Wednesday morning.

Natural Health Trends Stock Up 1.4 %

NHTC stock traded up $0.10 during trading on Wednesday, hitting $7.00. 23,054 shares of the company’s stock traded hands, compared to its average volume of 20,954. The business has a fifty day simple moving average of $6.97 and a two-hundred day simple moving average of $6.71. The firm has a market capitalization of $80.62 million, a P/E ratio of 140.00 and a beta of 0.91. Natural Health Trends has a 1 year low of $5.09 and a 1 year high of $7.40.

Natural Health Trends Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 23rd. Shareholders of record on Tuesday, August 13th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 11.43%. The ex-dividend date is Tuesday, August 13th. Natural Health Trends’s payout ratio is 1,600.00%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. PSI Advisors LLC purchased a new position in Natural Health Trends during the second quarter worth approximately $29,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in Natural Health Trends by 37.6% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 19,600 shares of the company’s stock worth $139,000 after acquiring an additional 5,359 shares during the period. Finally, Hartline Investment Corp purchased a new position in Natural Health Trends during the first quarter valued at $95,000. 10.13% of the stock is currently owned by hedge funds and other 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.