Natural Alternatives International (NASDAQ:NAII) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Natural Alternatives International, Inc. (NASDAQ:NAII) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.41 and traded as low as $2.33. Natural Alternatives International shares last traded at $2.56, with a volume of 103,359 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Natural Alternatives International in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Natural Alternatives International Trading Down 26.6%

The firm’s 50 day moving average is $3.73 and its 200 day moving average is $3.41. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.92 and a quick ratio of 1.01. The company has a market capitalization of $15.82 million, a PE ratio of -1.25 and a beta of 0.35.

Natural Alternatives International (NASDAQ:NAII) last announced its quarterly earnings results on Friday, February 13th. The company reported ($0.42) earnings per share (EPS) for the quarter. The firm had revenue of $34.80 million during the quarter. Natural Alternatives International had a negative return on equity of 8.47% and a negative net margin of 9.06%.

Hedge Funds Weigh In On Natural Alternatives International

A hedge fund recently raised its stake in Natural Alternatives International stock. Renaissance Technologies LLC raised its stake in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 3.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 302,756 shares of the company’s stock after purchasing an additional 10,900 shares during the quarter. Renaissance Technologies LLC owned approximately 4.90% of Natural Alternatives International worth $1,084,000 at the end of the most recent reporting period. 32.40% of the stock is currently 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.