Natural Health Trends (NASDAQ:NHTC) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Shares of Natural Health Trends Corp. (NASDAQ:NHTC) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $4.79 and traded as high as $4.96. Natural Health Trends shares last traded at $4.79, with a volume of 10,825 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Natural Health Trends in a research report on Thursday. They issued a “buy” rating on the stock.

Natural Health Trends Trading Down 2.6 %

The firm has a fifty day moving average of $4.79 and a two-hundred day moving average of $5.87. The company has a market capitalization of $55.15 million, a PE ratio of 68.43 and a beta of 0.94.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Natural Health Trends stock. Geode Capital Management LLC raised its position in Natural Health Trends Corp. (NASDAQ:NHTC) by 6.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 86,590 shares of the company’s stock after acquiring an additional 5,624 shares during the quarter. Geode Capital Management LLC owned approximately 0.75% of Natural Health Trends worth $515,000 at the end of the most recent quarter. Institutional investors and hedge funds own 10.13% of the company’s stock.

About Natural Health Trends

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.