Natural Health Trends (NASDAQ:NHTC) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Shares of Natural Health Trends Corp. (NASDAQ:NHTC) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $4.74 and traded as high as $5.44. Natural Health Trends shares last traded at $5.27, with a volume of 88,380 shares traded.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Natural Health Trends in a research note on Saturday. They set a “buy” rating for the company.

Natural Health Trends Trading Up 1.9 %

The stock has a market capitalization of $60.67 million, a PE ratio of 87.85 and a beta of 0.91. The firm has a 50 day moving average of $4.74 and a two-hundred day moving average of $5.72.

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

Natural Health Trends Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 15.18%. The ex-dividend date of this dividend is Tuesday, February 18th. Natural Health Trends’s payout ratio is currently 1,333.33%.

Institutional Investors Weigh In On Natural Health Trends

A number of large investors have recently bought and sold shares of NHTC. SBI Securities Co. Ltd. acquired a new stake in Natural Health Trends during the 4th quarter valued at $40,000. Geode Capital Management LLC grew its holdings 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 buying an additional 5,624 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings 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 valued at $202,000 after buying an additional 2,274 shares during the last quarter. Institutional investors and hedge funds own 10.13% of the company’s stock.

Natural Health Trends Company Profile

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.