Natural Health Trends (NASDAQ:NHTC) Share Price Crosses Below Fifty Day Moving Average – Time to Sell?

Natural Health Trends Corp. (NASDAQ:NHTC) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $2.88 and traded as low as $2.65. Natural Health Trends shares last traded at $2.82, with a volume of 28,171 shares traded.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Natural Health Trends in a research report on Monday, March 23rd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Natural Health Trends Stock Up 3.7%

The business has a 50-day moving average of $2.88 and a 200-day moving average of $3.16. The stock has a market cap of $24.20 million, a price-to-earnings ratio of -25.64 and a beta of 0.90.

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

Natural Health Trends Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Tuesday, May 12th were issued a $0.10 dividend. The ex-dividend date was Tuesday, May 12th. This represents a $0.40 dividend on an annualized basis and a yield of 14.2%. Natural Health Trends’s dividend payout ratio is currently -363.64%.

Institutional Trading of Natural Health Trends

A hedge fund recently bought a new stake in Natural Health Trends stock. CIBC Bancorp USA Inc. bought a new position in Natural Health Trends Corp. (NASDAQ:NHTC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 160,500 shares of the company’s stock, valued at approximately $718,000. CIBC Bancorp USA Inc. owned approximately 1.39% of Natural Health Trends as of its most recent SEC filing. 10.13% of the stock is owned by institutional investors.

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.