Natural Alternatives International (NASDAQ:NAII) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Natural Alternatives International, Inc. (NASDAQ:NAII) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.75 and traded as low as $2.25. Natural Alternatives International shares last traded at $2.38, with a volume of 1,289 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Natural Alternatives International in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Natural Alternatives International Price Performance

The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.87 and a current ratio of 1.64. The firm has a fifty day simple moving average of $2.39 and a 200 day simple moving average of $2.75. The company has a market capitalization of $14.93 million, a PE ratio of -1.00 and a beta of 0.36.

Natural Alternatives International (NASDAQ:NAII) last issued its earnings results on Monday, May 18th. The company reported ($0.72) earnings per share for the quarter. Natural Alternatives International had a negative return on equity of 12.21% and a negative net margin of 10.13%.The firm had revenue of $35.48 million during the quarter.

Institutional Trading of Natural Alternatives International

A hedge fund recently raised its position in Natural Alternatives International stock. Renaissance Technologies LLC lifted its holdings in Natural Alternatives International, Inc. (NASDAQ:NAII) by 3.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 302,756 shares of the company’s stock after purchasing an additional 10,900 shares during the period. Renaissance Technologies LLC owned about 4.90% of Natural Alternatives International worth $1,084,000 at the end of the most recent quarter. 32.40% of the stock is owned by institutional investors.

About Natural Alternatives International

Natural Alternatives International, Inc (NASDAQ: NAII) is a developer and contract manufacturer of nutritional supplements and related health products. Founded in 1980 and headquartered in Carlsbad, California, the company specializes in turnkey solutions for dietary supplement and functional food brands, combining scientific research with large-scale production capabilities.

NAII’s product portfolio spans a wide range of dosage forms, including softgels, tablets, capsules, powders, effervescent drink mixes and chewables.