Natural Health Trends (NASDAQ:NHTC) Shares Pass Below 200 Day Moving Average – What’s Next?

Natural Health Trends Corp. (NASDAQ:NHTC)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.72 and traded as low as $5.20. Natural Health Trends shares last traded at $5.27, with a volume of 88,380 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Natural Health Trends in a report on Saturday. They set a “buy” rating on the stock.

Natural Health Trends Stock Up 1.9 %

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

Natural Health Trends (NASDAQ:NHTC) last released its earnings results 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 Announces Dividend

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

Hedge Funds Weigh In On Natural Health Trends

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC grew its position in shares of Natural Health Trends by 6.9% during the 3rd quarter. Geode Capital Management LLC now owns 86,590 shares of the company’s stock worth $515,000 after buying an additional 5,624 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of 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 in the last quarter. Finally, SBI Securities Co. Ltd. bought a new position in shares of Natural Health Trends during the 4th quarter worth $40,000. 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.