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

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued 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, According to MarketBeat.com, the company has an average rating of “Sell”.

Natural Health Trends Price Performance

The firm has a market cap of $23.68 million, a PE ratio of -25.09 and a beta of 0.90. The stock’s fifty day moving average price is $2.93 and its 200-day moving average price is $3.22.

Natural Health Trends (NASDAQ:NHTC) last released 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 return on equity of 4.88% and a negative net margin of 3.03%.The business had revenue of $9.21 million for the quarter.

Natural Health Trends Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Tuesday, May 12th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, May 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 14.5%. Natural Health Trends’s dividend 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 bought a new position in shares of Natural Health Trends Corp. (NASDAQ:NHTC) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 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 SEC filing. 10.13% of the stock is currently owned by institutional investors and hedge funds.

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.