Natural Alternatives International (NASDAQ:NAII) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Natural Alternatives International, Inc. (NASDAQ:NAII)’s share price crossed 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.

Wall Street Analyst Weigh In

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

Natural Alternatives International Stock 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 stock has a market cap of $14.93 million, a PE ratio of -1.00 and a beta of 0.36. The firm has a fifty day moving average price of $2.39 and a 200 day moving average price of $2.75.

Natural Alternatives International (NASDAQ:NAII) last announced 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 business had revenue of $35.48 million for the quarter.

Institutional Investors Weigh In On Natural Alternatives International

A hedge fund recently raised its position in Natural Alternatives International stock. Renaissance Technologies LLC grew its stake in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 3.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 302,756 shares of the company’s stock after acquiring an additional 10,900 shares during the quarter. Renaissance Technologies LLC owned about 4.90% of Natural Alternatives International worth $1,084,000 as of its most recent SEC filing. 32.40% of the stock is currently 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.