Natural Alternatives International (NASDAQ:NAII) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Natural Alternatives International, Inc. (NASDAQ:NAII)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.15 and traded as low as $2.52. Natural Alternatives International shares last traded at $2.63, with a volume of 16,201 shares traded.

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 $16.52 million, a P/E ratio of -1.10 and a beta of 0.40. The business’s 50-day moving average price is $2.68 and its 200-day moving average price is $3.15.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Natural Alternatives International stock. DRW Securities LLC acquired a new stake in Natural Alternatives International, Inc. (NASDAQ:NAII) during the 4th quarter, according to its most recent 13F 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 approximately 0.17% of Natural Alternatives International as of its most recent SEC filing. 32.40% of the stock is currently owned by 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.