Natural Health Trends (NASDAQ:NHTC) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

Natural Health Trends Corp. (NASDAQ:NHTC) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $2.17 and traded as low as $1.80. Natural Health Trends shares last traded at $1.86, with a volume of 18,822 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Natural Health Trends in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Natural Health Trends Trading Down 2.6%

The company has a market capitalization of $15.96 million, a PE ratio of -16.91 and a beta of 0.92. The business’s fifty day moving average is $2.17 and its two-hundred day moving average is $2.85.

Natural Health Trends (NASDAQ:NHTC) last released its quarterly earnings data on Wednesday, April 29th. The company reported ($0.02) earnings per share for the quarter. The company had revenue of $9.21 million for 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 Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Tuesday, May 12th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 21.5%. The ex-dividend date was Tuesday, May 12th. Natural Health Trends’s dividend payout ratio is currently -363.64%.

Institutional Investors Weigh In On Natural Health Trends

An institutional investor recently bought a new stake in Natural Health Trends stock. CIBC Bancorp USA Inc. acquired a new stake in shares of Natural Health Trends Corp. (NASDAQ:NHTC) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 160,500 shares of the company’s stock, valued at approximately $718,000. CIBC Bancorp USA Inc. owned about 1.39% of Natural Health Trends as of its most recent SEC filing. 10.13% of the stock is owned by institutional investors.

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.