Natural Alternatives International (NASDAQ:NAII) Share Price Passes Above Fifty Day Moving Average – What’s Next?

Natural Alternatives International, Inc. (NASDAQ:NAII)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $3.26 and traded as high as $3.97. Natural Alternatives International shares last traded at $3.93, with a volume of 17,725 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Natural Alternatives International in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Natural Alternatives International presently has a consensus rating of “Sell”.

Natural Alternatives International Stock Up 5.9%

The company has a quick ratio of 1.01, a current ratio of 1.92 and a debt-to-equity ratio of 0.12. The stock has a market cap of $24.28 million, a PE ratio of -1.97 and a beta of 0.28. The firm has a fifty day moving average of $3.26 and a 200 day moving average of $3.30.

Natural Alternatives International (NASDAQ:NAII) last announced its quarterly earnings results on Wednesday, November 12th. The company reported ($0.05) earnings per share (EPS) for the quarter. Natural Alternatives International had a negative return on equity of 7.75% and a negative net margin of 8.84%.The business had revenue of $37.73 million for the quarter.

Institutional Trading of Natural Alternatives International

A hedge fund recently bought a new stake in Natural Alternatives International stock. EP Wealth Advisors LLC bought a new position in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,000 shares of the company’s stock, valued at approximately $48,000. EP Wealth Advisors LLC owned approximately 0.23% of Natural Alternatives International as of its most recent filing with the Securities and Exchange Commission (SEC). 32.40% of the stock is owned by institutional investors and hedge funds.

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.