Natural Health Trends Corp. (PINK:NTHC) is a US-based company engaged in international direct selling and e-commerce of personal care and wellness products. NTHC stock was rarely traded and illiquid, until about a week ago.
Yesterday, NTHC closed up 8.70% at $1 on a little over 31 thousand shares. The recent awakening of the stock seems to be related to some filings by NTHC.[BANNER]
On Nov. 7, the day with the highest volume, NTHC filed a couple of Form 4-s. They revealed that George K. Broady has been buying NTHC since late June. Mr Broady is a Director of NTHC and a 10% owner.
Then, on Nov. 14, the company filed an annual report for 2010 and quarterly reports for 2011, including a 10-Q for the third quarter. According to that latest report, NTHC had net sales in excess of $10.5 million for the quarter and a net income of approximately $1.6 million.
These results don’t automatically fix the balance sheet, which is still not solid, but they do give hope that NTHC may return to its former status one day. The company was once quoted on the NASDAQ, but was delisted in 2009. It is still too early to say whether NTHC will re-emerge, but this recent activity may warrant some attention.
