Natural Health Trends (NASDAQ:NHTC) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Natural Health Trends Corp. (NASDAQ:NHTC)’s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $3.42 and traded as low as $2.66. Natural Health Trends shares last traded at $2.69, with a volume of 34,211 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Natural Health Trends in a report on Wednesday, December 24th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Natural Health Trends Trading Down 5.3%

The company has a market cap of $23.08 million, a PE ratio of -33.62 and a beta of 0.84. The business has a fifty day moving average of $3.42 and a 200-day moving average of $3.63.

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

Natural Health Trends Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 17th were paid a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $0.40 dividend on an annualized basis and a yield of 14.9%. Natural Health Trends’s dividend payout ratio (DPR) is presently -500.00%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in NHTC. Bridgeway Capital Management LLC bought a new position in Natural Health Trends in the 3rd quarter worth $101,000. CIBC Bancorp USA Inc. bought a new stake in shares of Natural Health Trends during the 3rd quarter valued at about $718,000. Finally, Osaic Holdings Inc. boosted its stake in shares of Natural Health Trends by 536,392.2% during the 2nd quarter. Osaic Holdings Inc. now owns 413,099 shares of the company’s stock valued at $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.