Natural Alternatives International (NASDAQ:NAII) Shares Pass Below 200-Day Moving Average – Should You Sell?

Natural Alternatives International, Inc. (NASDAQ:NAII) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.04 and traded as low as $2.42. Natural Alternatives International shares last traded at $2.43, with a volume of 4,628 shares.

Analysts Set New Price Targets

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

Natural Alternatives International Price Performance

The firm has a market cap of $15.26 million, a P/E ratio of -1.02 and a beta of 0.38. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.64 and a quick ratio of 0.87. The firm’s 50 day moving average is $2.61 and its 200 day moving average is $3.04.

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 net margin of 10.13% and a negative return on equity of 12.21%. The business had revenue of $35.48 million for the quarter.

Institutional Inflows and Outflows

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

Natural Alternatives International Company Profile

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.