Natural Health Trends (NASDAQ:NHTC) Shares Pass Below 50 Day Moving Average – Here’s What Happened

Natural Health Trends Corp. (NASDAQ:NHTC)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.85 and traded as low as $2.31. Natural Health Trends shares last traded at $2.39, with a volume of 33,370 shares changing hands.

Analysts Set New Price Targets

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

Natural Health Trends Price Performance

The company has a market capitalization of $20.51 million, a price-to-earnings ratio of -21.73 and a beta of 0.86. The stock has a 50 day moving average price of $2.85 and a two-hundred day moving average price of $3.12.

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

Natural Health Trends Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Tuesday, May 12th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 16.7%. The ex-dividend date was Tuesday, May 12th. Natural Health Trends’s dividend payout ratio (DPR) is presently -363.64%.

Institutional Trading of Natural Health Trends

An institutional investor recently bought a new position in Natural Health Trends stock. Bridgeway Capital Management LLC acquired a new position in Natural Health Trends Corp. (NASDAQ:NHTC) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 22,600 shares of the company’s stock, valued at approximately $101,000. Bridgeway Capital Management LLC owned 0.20% of Natural Health Trends as of its most recent SEC filing. 10.13% of the stock is owned by hedge funds and other institutional investors.

Natural Health Trends Company Profile

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.