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

Shares of Natural Health Trends Corp. (NASDAQ:NHTC) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $1.77 and traded as low as $1.58. Natural Health Trends shares last traded at $1.60, with a volume of 40,491 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Natural Health Trends in a research report on Thursday, June 18th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Natural Health Trends Trading Down 1.9%

The firm has a market capitalization of $13.64 million, a P/E ratio of -9.94 and a beta of 0.92. The business has a 50-day moving average of $1.77 and a 200 day moving average of $2.43.

Natural Health Trends (NASDAQ:NHTC) last released its quarterly earnings data on Wednesday, July 29th. The company reported ($0.05) EPS for the quarter. Natural Health Trends had a negative net margin of 4.51% and a negative return on equity of 8.00%. The firm had revenue of $7.60 million for the quarter.

Institutional Investors Weigh In On Natural Health Trends

Several hedge funds and other institutional investors have recently made changes to their positions in NHTC. Bridgeway Capital Management LLC bought a new position in Natural Health Trends in the 3rd quarter valued at about $101,000. BlackRock Inc. bought a new stake in Natural Health Trends during the 2nd quarter worth approximately $169,000. Finally, CIBC Bancorp USA Inc. bought a new stake in Natural Health Trends during the 3rd quarter worth approximately $718,000. 10.13% of the stock is owned by 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.