Natural Health Trends (NASDAQ:NHTC) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Natural Health Trends Corp. (NASDAQ:NHTC) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $2.93 and traded as high as $2.93. Natural Health Trends shares last traded at $2.76, with a volume of 38,162 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings restated 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, Based on data from MarketBeat.com, Natural Health Trends currently has an average rating of “Sell”.

Natural Health Trends Stock Down 2.1%

The firm has a market capitalization of $23.68 million, a PE ratio of -25.09 and a beta of 0.90. The stock has a 50-day moving average price of $2.93 and a 200 day moving average price of $3.22.

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

Natural Health Trends Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Tuesday, May 12th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 14.5%. The ex-dividend date of this dividend is Tuesday, May 12th. Natural Health Trends’s payout ratio is presently -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) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 22,600 shares of the company’s stock, valued at approximately $101,000. Bridgeway Capital Management LLC owned approximately 0.20% of Natural Health Trends as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds 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.