Natural Health Trends (NASDAQ:NHTC) Shares Cross Below 50-Day Moving Average – Time to Sell?

Natural Health Trends Corp. (NASDAQ:NHTC)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.88 and traded as low as $4.70. Natural Health Trends shares last traded at $4.72, with a volume of 28,494 shares traded.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen started coverage on shares of Natural Health Trends in a research report on Thursday, May 22nd. They issued a “buy” rating on the stock.

Natural Health Trends Trading Down 2.3%

The company has a market capitalization of $54.34 million, a PE ratio of 78.68 and a beta of 0.86. The stock’s 50-day moving average is $4.88 and its two-hundred day moving average is $4.91.

Natural Health Trends (NASDAQ:NHTC) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.01 earnings per share for the quarter. Natural Health Trends had a net margin of 1.33% and a return on equity of 1.53%. The company had revenue of $10.74 million for the quarter.

Natural Health Trends Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 16.95%. The ex-dividend date of this dividend was Tuesday, May 13th. Natural Health Trends’s dividend payout ratio (DPR) is presently 1,600.00%.

Hedge Funds Weigh In On Natural Health Trends

A number of institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its position in shares of Natural Health Trends by 5.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company’s stock worth $202,000 after acquiring an additional 2,274 shares during the period. Millennium Management LLC increased its position in shares of Natural Health Trends by 51.4% during the fourth quarter. Millennium Management LLC now owns 16,108 shares of the company’s stock worth $74,000 after acquiring an additional 5,467 shares during the period. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Natural Health Trends during the fourth quarter worth approximately $40,000. 10.13% of the stock is owned by hedge funds and other institutional investors.

Natural Health Trends Company Profile

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.