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

Natural Alternatives International, Inc. (NASDAQ:NAII) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-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 trading hands.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Natural Alternatives International in a research report on Saturday. They issued a “buy” rating on the stock.

Natural Alternatives International Trading Up 1.4 %

The firm has a market capitalization of $26.10 million, a P/E ratio of -3.26 and a beta of 0.62. The business’s 50-day moving average is $4.23 and its 200 day moving average is $4.80. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.70 and a quick ratio of 1.50.

Natural Alternatives International (NASDAQ:NAII) last released its quarterly 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.

Hedge Funds Weigh In On Natural Alternatives International

A number of hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP increased 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 during the period. Geode Capital Management LLC increased 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 during the period. Northern Trust Corp grew its stake 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 buying an additional 13,238 shares in the last quarter. Citadel Advisors LLC acquired a new stake in Natural Alternatives International during the fourth quarter worth about $61,000. Finally, Mink Brook Asset Management LLC acquired a new stake in Natural Alternatives International during the fourth quarter worth about $1,293,000. 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.