Natural Health Trends (NASDAQ:NHTC) Share Price Passes Below Fifty Day Moving Average – What’s Next?

Natural Health Trends Corp. (NASDAQ:NHTC)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $5.03 and traded as low as $4.87. Natural Health Trends shares last traded at $5.24, with a volume of 32,052 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Natural Health Trends in a report on Saturday. They issued a “buy” rating for the company.

Natural Health Trends Price Performance

The firm has a market capitalization of $60.33 million, a price-to-earnings ratio of 87.35 and a beta of 0.97. The stock has a fifty day moving average of $5.03 and a two-hundred day moving average of $5.18.

Natural Health Trends (NASDAQ:NHTC) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.02 earnings per share (EPS) for the quarter. Natural Health Trends had a return on equity of 1.53% and a net margin of 1.33%.

Natural Health Trends Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Tuesday, February 18th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.80 annualized dividend and a dividend yield of 15.27%. Natural Health Trends’s payout ratio is 1,333.33%.

Institutional Trading of Natural Health Trends

Hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its position 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 buying an additional 2,274 shares during the period. Millennium Management LLC increased its stake in shares of Natural Health Trends by 51.4% in the fourth quarter. Millennium Management LLC now owns 16,108 shares of the company’s stock worth $74,000 after purchasing an additional 5,467 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Natural Health Trends by 6.9% during the 3rd quarter. Geode Capital Management LLC now owns 86,590 shares of the company’s stock valued at $515,000 after buying an additional 5,624 shares in the last quarter. Finally, SBI Securities Co. Ltd. purchased a new position in Natural Health Trends in the 4th quarter valued at approximately $40,000. Institutional investors own 10.13% of the company’s stock.

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.