Natural Health Trends (NASDAQ:NHTC) Share Price Passes Below Fifty Day Moving Average – Here’s What Happened

Natural Health Trends Corp. (NASDAQ:NHTC) passed below its 50 day moving average during trading on Friday . The stock has a 50 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.

Analyst Upgrades and Downgrades

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

Natural Health Trends Price Performance

The business’s 50 day moving average price is $2.85 and its 200-day moving average price is $3.12. The company has a market cap of $20.51 million, a P/E ratio of -21.73 and a beta of 0.86.

Natural Health Trends (NASDAQ:NHTC) last posted its earnings results 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 firm had revenue of $9.21 million during the quarter.

Natural Health Trends Announces Dividend

The business 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 annualized dividend and a yield of 16.7%. The ex-dividend date was Tuesday, May 12th. Natural Health Trends’s payout ratio is -363.64%.

Institutional Inflows and Outflows

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 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 22,600 shares of the company’s stock, valued at approximately $101,000. Bridgeway Capital Management LLC owned about 0.20% of Natural Health Trends at the end of the most recent reporting period. Hedge funds and other 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.