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

Natural Health Trends Corp. (NASDAQ:NHTC) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $3.31 and traded as low as $2.80. Natural Health Trends shares last traded at $2.88, with a volume of 15,624 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Natural Health Trends in a research note on Monday, March 23rd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Natural Health Trends Price Performance

The company has a market capitalization of $24.20 million, a price-to-earnings ratio of -35.25 and a beta of 0.89. The stock has a 50 day simple moving average of $3.29 and a two-hundred day simple moving average of $3.56.

Natural Health Trends (NASDAQ:NHTC) last released its quarterly earnings data on Wednesday, February 4th. The company reported ($0.05) EPS for the quarter. The business had revenue of $9.75 million during the quarter. Natural Health Trends had a negative net margin of 2.22% and a negative return on equity of 3.23%.

Natural Health Trends Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 14.2%. The ex-dividend date was Tuesday, February 17th. Natural Health Trends’s payout ratio is currently -500.00%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Bridgeway Capital Management LLC purchased a new stake in Natural Health Trends in the third quarter valued at $101,000. CIBC Bancorp USA Inc. purchased a new position in shares of Natural Health Trends during the third quarter worth about $718,000. Finally, Osaic Holdings Inc. increased its position in shares of Natural Health Trends by 536,392.2% during 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 in the last quarter. 10.13% of the stock is 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.