Natural Health Trends (NASDAQ:NHTC) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Natural Health Trends Corp. (NASDAQ:NHTC) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $2.96 and traded as high as $3.20. Natural Health Trends shares last traded at $3.10, with a volume of 41,514 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Natural Health Trends in a research report on Monday, March 23rd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Natural Health Trends Stock Down 3.1%

The firm has a fifty day moving average price of $2.96 and a two-hundred day moving average price of $3.30. The stock has a market capitalization of $26.60 million, a P/E ratio of -28.18 and a beta of 0.90.

Natural Health Trends (NASDAQ:NHTC) last announced its quarterly earnings results on Wednesday, April 29th. The company reported ($0.02) earnings per share (EPS) for the quarter. The firm had revenue of $9.21 million during the quarter. Natural Health Trends had a negative return on equity of 4.88% and a negative net margin of 3.03%.

Natural Health Trends Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Tuesday, May 12th will be issued a dividend of $0.10 per share. The ex-dividend date is Tuesday, May 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 12.9%. Natural Health Trends’s dividend payout ratio is presently -363.64%.

Hedge Funds Weigh In On Natural Health Trends

A hedge fund recently bought a new stake in Natural Health Trends stock. Bridgeway Capital Management LLC acquired a new stake in Natural Health Trends Corp. (NASDAQ:NHTC) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 22,600 shares of the company’s stock, valued at approximately $101,000. Bridgeway Capital Management LLC owned approximately 0.20% of Natural Health Trends at the end of the most recent quarter. 10.13% of the stock is owned by institutional investors and hedge funds.

About Natural Health Trends

Natural Health Trends Corp. is a U.S.-based holding company that develops, markets and distributes a range of plant-based health supplements, nutritional products and personal care items. The company’s product portfolio spans weight management, skin care, men’s health, nutritional supplements and wellness solutions designed to support overall health and beauty. Natural Health Trends focuses on delivering scientifically formulated products through modern e-commerce channels and direct selling platforms.

Through its principal subsidiaries in the People’s Republic of China—including Shanghai NHTC Health Products Co, Ltd.