Time For a Daily Dose? STOCK UP 9 CONSECUTIVE DAYS !
Natural Health Trends Corp. (NASDAQ: NHTC)
NHTC reported earnings on May 5, 2015. Total revenues were $16.6 million in operating cash flow compared to $8.3 million a year ago. With the strong growth in revenue and earnings, they will be able to not only reinvest in the business but also will be able to extend a portion in the form of dividends to shareholders and share repurchases. They announced a 50% increase in their quarterly dividend as well as stock repurchases up to $5 million.
This quarter and their previous quarter’s stellar numbers are reflected in the daily stock chart below. NHTC, with a market cap of $388.6M, has been steadily been in an upward trend since February of this year. Three months prior to that, there was much consolidation.
Weekly Chart- the weekly chart clearly shows NHTC’s upward trend
According to Chris Sharng, President of Natural Health Trends Corp. “We have focused particularly on investments in China, Hong Kong and Taiwan, where we think we have the most promising opportunities. Our programs aim for long-term growth. We are very pleased with the recent performance but are more excited about what we can accomplish in the long run.”
About Natural Health Trends
NHTC markets health and wellness products direct to the consumer via distributors.
Some of their competitors include MTEX (+$9.76 or 46%), NUS (+$39.58 or 51%), USNA
(+$77.77 or 55%) and NYMX (+$5.42 or 94%) all up for the year. Natural Health Trends Corp
was up (+$25.15 or 81%) this past year.
These positive numbers should be of no surprise since health supplements are a billion dollar
Today, May 13, shares of NHTC were up $1.84 (+6.33%) closing at $30.89.