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

Natural Health Trends Corp. (NASDAQ:NHTC)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $5.03 and traded as low as $4.87. Natural Health Trends shares last traded at $5.24, with a volume of 32,052 shares.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Natural Health Trends in a research report on Saturday. They set a “buy” rating for the company.

Natural Health Trends Price Performance

The company has a market cap of $60.33 million, a PE ratio of 87.35 and a beta of 0.97. The stock’s 50-day moving average is $5.03 and its 200 day moving average is $5.18.

Natural Health Trends (NASDAQ:NHTC) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.02 earnings per share (EPS) for the quarter. Natural Health Trends had a net margin of 1.33% and a return on equity of 1.53%.

Natural Health Trends Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Tuesday, February 18th were paid a $0.20 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.80 dividend on an annualized basis and a yield of 15.27%. Natural Health Trends’s dividend payout ratio (DPR) is 1,333.33%.

Institutional Trading of Natural Health Trends

Several large investors have recently added to or reduced their stakes in NHTC. SBI Securities Co. Ltd. acquired a new stake in shares of Natural Health Trends during the fourth quarter worth about $40,000. Millennium Management LLC raised its position in Natural Health Trends by 51.4% during the 4th quarter. Millennium Management LLC now owns 16,108 shares of the company’s stock worth $74,000 after buying an additional 5,467 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Natural Health Trends by 5.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company’s stock worth $202,000 after buying an additional 2,274 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Natural Health Trends by 6.9% during the 3rd quarter. Geode Capital Management LLC now owns 86,590 shares of the company’s stock valued at $515,000 after acquiring an additional 5,624 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., a direct-selling and e-commerce company, provides personal care, wellness, and lifestyle products under the NHT Global brand. The company offers wellness products, including liquid, encapsulated, tableted and powder dietary and nutritional supplements, vitamins, and minerals; and herbal products comprising herbal supplements.