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 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.98 and traded as low as $2.22. Natural Alternatives International shares last traded at $2.24, with a volume of 11,408 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Natural Alternatives International in a research note on Tuesday, May 26th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Natural Alternatives International currently has a consensus rating of “Sell”.

Natural Alternatives International Stock Performance

The stock has a fifty day moving average of $2.53 and a 200-day moving average of $2.98. The stock has a market cap of $14.07 million, a PE ratio of -0.94 and a beta of 0.36. The company has a quick ratio of 0.87, a current ratio of 1.64 and a debt-to-equity ratio of 0.13.

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

Institutional Trading of Natural Alternatives International

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

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.