Natural Health Trends (NASDAQ:NHTC) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

Shares of Natural Health Trends Corp. (NASDAQ:NHTC) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $2.17 and traded as low as $1.80. Natural Health Trends shares last traded at $1.86, with a volume of 18,822 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Natural Health Trends in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Natural Health Trends Stock Down 2.6%

The business has a fifty day simple moving average of $2.17 and a 200-day simple moving average of $2.85. The firm has a market cap of $15.96 million, a P/E ratio of -16.91 and a beta of 0.92.

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

Natural Health Trends Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Tuesday, May 12th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 21.5%. Natural Health Trends’s dividend payout ratio (DPR) is currently -363.64%.

Institutional Trading of Natural Health Trends

An institutional investor recently bought a new position in Natural Health Trends stock. Bridgeway Capital Management LLC acquired a new stake in shares of Natural Health Trends Corp. (NASDAQ:NHTC) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 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 hedge funds and other 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.