Natural Health Trends Corp. (NASDAQ:NHTC - Get Free Report)'s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $4.91 and traded as low as $4.67. Natural Health Trends shares last traded at $4.87, with a volume of 24,833 shares trading hands.
Analysts Set New Price Targets
Separately, Wall Street Zen assumed coverage on shares of Natural Health Trends in a report on Thursday, May 22nd. They set a "buy" rating for the company.
View Our Latest Research Report on Natural Health Trends
Natural Health Trends Trading Down 2.6%
The business has a 50-day moving average of $4.90 and a two-hundred day moving average of $4.92. The firm has a market cap of $55.26 million, a P/E ratio of 80.01 and a beta of 0.86.
Natural Health Trends (NASDAQ:NHTC - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported $0.01 earnings per share for the quarter. Natural Health Trends had a return on equity of 1.53% and a net margin of 1.33%. The company had revenue of $10.74 million for the quarter.
Natural Health Trends Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Tuesday, May 13th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 16.67%. The ex-dividend date of this dividend was Tuesday, May 13th. Natural Health Trends's dividend payout ratio (DPR) is currently 1,600.00%.
Hedge Funds Weigh In On Natural Health Trends
Hedge funds have recently modified their holdings of the business. SBI Securities Co. Ltd. bought a new position in Natural Health Trends during the 4th quarter worth $40,000. Millennium Management LLC increased its stake in shares of Natural Health Trends by 51.4% in the fourth quarter. Millennium Management LLC now owns 16,108 shares of the company's stock valued at $74,000 after buying an additional 5,467 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Natural Health Trends by 5.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 43,760 shares of the company's stock worth $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.
About Natural Health Trends
(
Get Free Report)
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.
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