Natural Health Trends (NASDAQ:NHTC) Share Price Crosses Above 50-Day Moving Average – What’s Next?

Shares of Natural Health Trends Corp. (NASDAQ:NHTC) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $3.18 and traded as high as $3.80. Natural Health Trends shares last traded at $3.64, with a volume of 35,310 shares trading hands.

Wall Street Analysts Forecast Growth

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

Natural Health Trends Stock Performance

The stock has a market cap of $41.91 million, a PE ratio of -364.00 and a beta of 0.82. The company’s 50-day moving average price is $3.18 and its two-hundred day moving average price is $4.01.

Natural Health Trends (NASDAQ:NHTC) last announced its earnings results on Wednesday, November 5th. The company reported ($0.04) earnings per share (EPS) for the quarter. Natural Health Trends had a negative return on equity of 0.40% and a negative net margin of 0.29%.The company had revenue of $9.48 million during the quarter.

Natural Health Trends Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Tuesday, November 18th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 22.0%. The ex-dividend date was Tuesday, November 18th. Natural Health Trends’s dividend payout ratio (DPR) is presently -8,000.00%.

Institutional Investors Weigh In On Natural Health Trends

Institutional investors have recently made changes to their positions in the business. Bridgeway Capital Management LLC bought a new position in Natural Health Trends during the 3rd quarter worth approximately $101,000. CIBC Bancorp USA Inc. purchased a new stake in Natural Health Trends in the third quarter worth about $718,000. Finally, Osaic Holdings Inc. grew its stake 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 worth $1,789,000 after purchasing an additional 413,022 shares during the period. Hedge funds and other institutional investors own 10.13% of the company’s stock.

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.