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 fifty day moving average during trading on Friday . The stock has a fifty 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.

Analysts Set New Price Targets

Separately, StockNews.com started 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 firm has a fifty day moving average price of $4.74 and a 200-day moving average price of $5.72. The firm has a market cap of $60.67 million, a price-to-earnings ratio of 87.85 and a beta of 0.91.

Natural Health Trends (NASDAQ:NHTC) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.02 earnings per share (EPS) 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 company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis 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 Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NHTC. Geode Capital Management LLC boosted its holdings in Natural Health Trends by 6.9% in the third 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 last quarter. SBI Securities Co. Ltd. acquired a new position in Natural Health Trends in the fourth quarter valued at $40,000. Finally, Dimensional Fund Advisors LP boosted its holdings in Natural Health Trends by 5.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company’s stock valued at $202,000 after acquiring 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.