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

Natural Alternatives International, Inc. (NASDAQ:NAII) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.92 and traded as low as $2.20. Natural Alternatives International shares last traded at $2.35, with a volume of 35,925 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Natural Alternatives International in a research report on Tuesday, May 26th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Natural Alternatives International currently has an average rating of “Sell”.

Natural Alternatives International Trading Up 9.3%

The company has a quick ratio of 0.87, a current ratio of 1.64 and a debt-to-equity ratio of 0.13. The firm’s 50-day simple moving average is $2.46 and its 200 day simple moving average is $2.92. The stock has a market capitalization of $14.76 million, a P/E ratio of -0.98 and a beta of 0.36.

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

Institutional Investors Weigh In On Natural Alternatives International

An institutional investor recently bought a new stake in Natural Alternatives International stock. DRW Securities LLC purchased a new position in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,377 shares of the company’s stock, valued at approximately $37,000. DRW Securities LLC owned 0.17% of Natural Alternatives International as of its most recent filing with the Securities and Exchange Commission (SEC). 32.40% of the stock is currently owned by hedge funds and other 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.