Natural Health Trends (NASDAQ:NHTC) Trading Up 0.8%
April 2, 2023
Natural Health Trends Corp. (NASDAQ:NHTC – Get Rating)’s stock price was up 0.8% during mid-day trading on Friday . The company traded as high as $5.00 and last traded at $4.94. Approximately 5,243 shares changed hands during trading, a decline of 84% from the average daily volume of 33,712 shares. The stock had previously closed at $4.90.
Analysts Set New Price Targets
Separately, TheStreet upgraded Natural Health Trends from a “d+” rating to a “c” rating in a report on Monday, February 13th.
Natural Health Trends Stock Performance
The stock has a market cap of $56.91 million, a PE ratio of 164.72 and a beta of 0.80. The stock has a fifty day simple moving average of $5.20 and a two-hundred day simple moving average of $4.35.
Natural Health Trends (NASDAQ:NHTC – Get Rating) last released its quarterly earnings results on Wednesday, February 8th. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $12.51 million during the quarter. Natural Health Trends had a return on equity of 0.59% and a net margin of 0.64%.
Natural Health Trends Announces Dividends
The firm also recently announced a quarterly dividend, which was paid on Friday, March 3rd. Stockholders of record on Tuesday, February 21st were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 16.19%. The ex-dividend date of this dividend was Friday, February 17th. Natural Health Trends’ dividend payout ratio (DPR) is currently 2,667.56%.
Hedge Funds Weigh In On Natural Health Trends
Several institutional investors and hedge funds have recently made changes to their positions in the business. State Street Corp boosted its stake in shares of Natural Health Trends by 14.1% during the 1st quarter. State Street Corp now owns 29,014 shares of the company’s stock valued at $205,000 after buying an additional 3,592 shares during the last quarter. Acadian Asset Management LLC boosted its stake in shares of Natural Health Trends by 17.3% during the 1st quarter. Acadian Asset Management LLC now owns 57,813 shares of the company’s stock valued at $408,000 after buying an additional 8,529 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of Natural Health Trends during the 3rd quarter valued at approximately $47,000. 10.87% of the stock is currently owned by hedge funds and other institutional investors.
Natural Health Trends Company Profile
(Get Rating)
Natural Health Trends Corp. engages in the provision of direct selling and e-commerce services. It offers personal care and wellness products through the NHT Global brand. The company was founded in 1988 and is headquartered in Hong Kong.
Further Reading
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