Natural Health Trends (NASDAQ:NHTC) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Natural Health Trends Corp. (NASDAQ:NHTC)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $4.88 and traded as low as $4.75. Natural Health Trends shares last traded at $5.11, with a volume of 32,739 shares traded.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Natural Health Trends in a research report on Wednesday. They issued a “buy” rating on the stock.

Natural Health Trends Stock Up 6.7 %

The company has a market cap of $58.83 million, a price-to-earnings ratio of 73.00 and a beta of 0.94. The stock’s 50-day simple moving average is $4.88 and its 200 day simple moving average is $5.96.

Natural Health Trends Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Tuesday, November 12th were issued a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $0.80 annualized dividend and a yield of 15.66%. Natural Health Trends’s dividend payout ratio (DPR) is presently 1,142.86%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Natural Health Trends stock. Geode Capital Management LLC lifted its position in Natural Health Trends Corp. (NASDAQ:NHTC) by 6.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 86,590 shares of the company’s stock after buying an additional 5,624 shares during the quarter. Geode Capital Management LLC owned approximately 0.75% of Natural Health Trends worth $515,000 at the end of the most recent reporting period. 10.13% of the stock is owned by institutional investors.

About Natural Health Trends

Natural Health Trends Corp., a direct-selling and e-commerce company, provides personal care, wellness, and lifestyle products under the NHT Global brand. The company offers wellness products, including liquid, encapsulated, tableted and powder dietary and nutritional supplements, vitamins, and minerals; and herbal products comprising herbal supplements.