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

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 trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Natural Health Trends in a report on Monday, March 23rd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Natural Health Trends Stock Down 3.1%

The firm’s 50-day simple moving average is $2.96 and its 200-day simple moving average is $3.30. The firm has a market capitalization of $26.60 million, a PE ratio of -28.18 and a beta of 0.90.

Natural Health Trends (NASDAQ:NHTC) last released its earnings results on Wednesday, April 29th. The company reported ($0.02) earnings per share for the quarter. The company 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 business also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Tuesday, May 12th will be given a $0.10 dividend. The ex-dividend date is Tuesday, May 12th. This represents a $0.40 annualized dividend and a yield of 12.9%. Natural Health Trends’s payout ratio is presently -363.64%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Natural Health Trends stock. CIBC Bancorp USA Inc. purchased a new stake in shares of Natural Health Trends Corp. (NASDAQ:NHTC) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 160,500 shares of the company’s stock, valued at approximately $718,000. CIBC Bancorp USA Inc. owned 1.39% of Natural Health Trends at the end of the most recent reporting period. Institutional investors own 10.13% of the company’s stock.

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.