Natural Alternatives International (NASDAQ:NAII) Stock Passes Below 200-Day Moving Average – Time to Sell?

Natural Alternatives International, Inc. (NASDAQ:NAII) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $4.80 and traded as low as $4.02. Natural Alternatives International shares last traded at $4.21, with a volume of 5,319 shares traded.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Natural Alternatives International in a report on Saturday. They set a “buy” rating for the company.

Natural Alternatives International Price Performance

The company’s fifty day moving average is $4.23 and its 200 day moving average is $4.80. The firm has a market cap of $26.10 million, a price-to-earnings ratio of -3.26 and a beta of 0.62. The company has a quick ratio of 1.50, a current ratio of 2.70 and a debt-to-equity ratio of 0.11.

Natural Alternatives International (NASDAQ:NAII) last announced its earnings results on Friday, February 14th. The company reported ($0.37) EPS for the quarter. Natural Alternatives International had a negative return on equity of 9.36% and a negative net margin of 6.26%. The business had revenue of $34.08 million for the quarter.

Institutional Trading of Natural Alternatives International

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Mink Brook Asset Management LLC bought a new stake in Natural Alternatives International during the fourth quarter worth $1,293,000. Citadel Advisors LLC bought a new stake in Natural Alternatives International during the fourth quarter worth $61,000. Northern Trust Corp raised its position in Natural Alternatives International by 54.3% during the fourth quarter. Northern Trust Corp now owns 37,633 shares of the company’s stock worth $162,000 after acquiring an additional 13,238 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Natural Alternatives International by 0.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock worth $1,841,000 after acquiring an additional 2,371 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in Natural Alternatives International by 6.9% during the third quarter. Geode Capital Management LLC now owns 45,062 shares of the company’s stock worth $258,000 after acquiring an additional 2,915 shares in the last quarter. 32.40% of the stock is owned by institutional investors.

Natural Alternatives International Company Profile

Natural Alternatives International, Inc engages in formulating, manufacturing, and marketing nutritional supplements in the United States, Europe, Australia, Asia, Mexico, and Canada. The company operates in two segments, Private-Label Contract Manufacturing, and Patent and Trademark Licensing. It offers private-label contract manufacturing services to companies that market and distribute vitamins, minerals, herbal, and other nutritional supplements, as well as other health care products.