Natural Health Trends (NASDAQ:NHTC) Share Price Passes Below 50 Day Moving Average – What’s Next?

Natural Health Trends Corp. (NASDAQ:NHTC)’s share price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $2.88 and traded as low as $2.65. Natural Health Trends shares last traded at $2.82, with a volume of 28,171 shares trading hands.

Wall Street Analyst Weigh In

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

Natural Health Trends Price Performance

The business has a 50-day simple moving average of $2.88 and a 200-day simple moving average of $3.16. The firm has a market capitalization of $23.59 million, a PE ratio of -25.00 and a beta of 0.90.

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

Natural Health Trends Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Tuesday, May 12th were given a dividend of $0.10 per share. The ex-dividend date was Tuesday, May 12th. This represents a $0.40 dividend on an annualized basis and a yield of 14.5%. Natural Health Trends’s dividend payout ratio is -363.64%.

Institutional Investors Weigh In On Natural Health Trends

An institutional investor recently bought a new position in Natural Health Trends stock. Bridgeway Capital Management LLC purchased a new position in Natural Health Trends Corp. (NASDAQ:NHTC) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 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 filing with the Securities and Exchange Commission (SEC). 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.