Natural Health Trends (NASDAQ:NHTC) Share Price Crosses Below 50-Day Moving Average – What’s Next?

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 $1.34 and traded as low as $0.8150. Natural Health Trends shares last traded at $0.8470, with a volume of 52,450 shares traded.

Analysts Set New Price Targets

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

Natural Health Trends Stock Down 6.7%

The business has a 50-day moving average of $1.32 and a 200-day moving average of $1.97. The stock has a market cap of $6.69 million, a price-to-earnings ratio of -4.88 and a beta of 1.03.

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

Hedge Funds Weigh In On Natural Health Trends

An institutional investor recently bought a new stake in Natural Health Trends stock. BlackRock Inc. acquired a new stake in shares of Natural Health Trends Corp. (NASDAQ:NHTC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 95,588 shares of the company’s stock, valued at approximately $169,000. BlackRock Inc. owned approximately 1.11% of Natural Health Trends as of its most recent filing with the Securities & Exchange Commission. 10.13% of the stock is owned by institutional investors and hedge funds.

About Natural Health Trends

Natural Health Trends Corp. (NASDAQ: NHTC) is a direct-selling company that markets health, wellness, personal-care and lifestyle products through its NHT Global business. Its product portfolio has included nutritional supplements, skincare products, personal-care items and other consumer goods.

The company distributes its products through a network of independent distributors, who promote and sell products directly to consumers. This business model also provides distributors with opportunities to earn compensation based on product sales and the development of customer and distributor networks.

Natural Health Trends has historically focused much of its operations in Asia, including Hong Kong, China, Taiwan, Japan and South Korea, while also serving customers in North America, Europe and other international markets.