Natural Health Trends (NASDAQ:NHTC) Stock Passes Below 50 Day Moving Average – Here’s Why

Shares of Natural Health Trends Corp. (NASDAQ:NHTC) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $2.31 and traded as low as $1.78. Natural Health Trends shares last traded at $1.79, with a volume of 27,400 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 Thursday, June 18th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Natural Health Trends presently has an average rating of “Sell”.

Natural Health Trends Stock Down 2.2%

The stock has a market cap of $15.36 million, a P/E ratio of -16.27 and a beta of 0.92. The firm has a 50 day simple moving average of $2.31 and a 200-day simple moving average of $2.91.

Natural Health Trends (NASDAQ:NHTC) last issued its earnings results on Wednesday, April 29th. The company reported ($0.02) EPS 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Tuesday, May 12th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 22.3%. The ex-dividend date of this dividend was Tuesday, May 12th. Natural Health Trends’s payout ratio is -363.64%.

Hedge Funds Weigh In On Natural Health Trends

An institutional investor recently bought a new stake in Natural Health Trends stock. Bridgeway Capital Management LLC acquired a new position in shares of Natural Health Trends Corp. (NASDAQ:NHTC) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 22,600 shares of the company’s stock, valued at approximately $101,000. Bridgeway Capital Management LLC owned about 0.20% of Natural Health Trends as of its most recent SEC filing. Institutional investors and hedge funds 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.