Natural Health Trends (NASDAQ:NHTC) Share Price Crosses Below 50 Day Moving Average – Here’s Why

Natural Health Trends Corp. (NASDAQ:NHTC)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.49 and traded as low as $3.22. Natural Health Trends shares last traded at $3.27, with a volume of 21,654 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Natural Health Trends in a report on Wednesday, December 24th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Natural Health Trends Stock Up 1.5%

The stock has a market capitalization of $38.22 million, a P/E ratio of -41.49 and a beta of 0.85. The business has a fifty day moving average price of $3.49 and a 200-day moving average price of $3.86.

Natural Health Trends (NASDAQ:NHTC) last issued its earnings results on Wednesday, February 4th. The company reported ($0.05) earnings per share for the quarter. The business had revenue of $9.75 million during the quarter. Natural Health Trends had a negative return on equity of 3.08% and a negative net margin of 2.22%.

Natural Health Trends Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be given a dividend of $0.10 per share. The ex-dividend date is Tuesday, February 17th. This represents a $0.40 dividend on an annualized basis and a yield of 12.0%. Natural Health Trends’s dividend payout ratio is -500.00%.

Institutional Investors Weigh In On Natural Health Trends

A number of hedge funds have recently added to or reduced their stakes in NHTC. CIBC Bancorp USA Inc. bought a new position in shares of Natural Health Trends during the 3rd quarter valued at $718,000. Bridgeway Capital Management LLC purchased a new stake in Natural Health Trends during the third quarter valued at $101,000. Finally, Osaic Holdings Inc. lifted its holdings in Natural Health Trends by 536,392.2% in the second quarter. Osaic Holdings Inc. now owns 413,099 shares of the company’s stock valued at $1,789,000 after acquiring an additional 413,022 shares during the period. 10.13% of the stock is currently owned by hedge funds and other 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.