Natural Health Trends (NASDAQ:NHTC) Stock Price Breaks Below 50 Day Moving Average – Time to Sell?

Natural Health Trends Corp. (NASDAQ:NHTC)’s stock price crossed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $1.67 and traded as low as $1.03. Natural Health Trends shares last traded at $1.05, with a volume of 104,705 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Natural Health Trends in a research note on Monday, September 14th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Natural Health Trends Stock Down 10.8%

The stock has a market capitalization of $7.73 million, a price-to-earnings ratio of -5.63 and a beta of 0.92. The stock has a 50 day moving average price of $1.63 and a 200 day moving average price of $2.23.

Natural Health Trends (NASDAQ:NHTC) last issued its quarterly earnings data on Wednesday, July 29th. The company reported ($0.05) earnings per share (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 business had revenue of $7.60 million during the quarter.

Institutional Trading of Natural Health Trends

An institutional investor recently bought a new position in Natural Health Trends stock. BlackRock Inc. acquired a new stake in Natural Health Trends Corp. (NASDAQ:NHTC) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 95,588 shares of the company’s stock, valued at approximately $169,000. BlackRock Inc. owned 1.11% of Natural Health Trends as of its most recent SEC filing. Institutional investors own 10.13% of the company’s stock.

Natural Health Trends Company Profile

Natural Health Trends Corp. (NASDAQ: NHTC) is a direct-selling company that develops and distributes health, wellness and lifestyle products under the NHT Global brand. The company markets its products through independent distributors and online channels.

NHT Global’s product portfolio includes nutritional supplements, personal-care and skin-care products, beauty items, and household or lifestyle products. Its direct-selling model combines product sales with distributor-led marketing and customer referrals.

Natural Health Trends has historically focused much of its business in Asian markets, including Hong Kong, China, Taiwan, South Korea and Japan, while also serving customers and distributors in other international markets.