Natural Alternatives International (NASDAQ:NAII) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Natural Alternatives International, Inc. (NASDAQ:NAII) shares passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $2.24 and traded as low as $1.15. Natural Alternatives International shares last traded at $1.19, with a volume of 1,972 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded Natural Alternatives International from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, October 14th. One analyst has rated the stock with a Sell rating. According to MarketBeat, the company has a consensus rating of “Sell”.

Natural Alternatives International Price Performance

The stock has a market cap of $7.57 million, a P/E ratio of -0.35 and a beta of 0.35. The company has a quick ratio of 0.92, a current ratio of 1.73 and a debt-to-equity ratio of 0.20. The business’s 50-day simple moving average is $1.74 and its two-hundred day simple moving average is $2.23.

Natural Alternatives International (NASDAQ:NAII) last posted its quarterly earnings results on Monday, September 28th. The company reported ($0.52) EPS for the quarter. Natural Alternatives International had a negative return on equity of 16.51% and a negative net margin of 14.52%. The company had revenue of $34.51 million during the quarter.

Hedge Funds Weigh In On Natural Alternatives International

A hedge fund recently raised its stake in Natural Alternatives International stock. Integrated Wealth Concepts LLC increased its stake in Natural Alternatives International, Inc. (NASDAQ:NAII) by 267.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,093 shares of the company’s stock after purchasing an additional 32,093 shares during the period. Integrated Wealth Concepts LLC owned approximately 0.70% of Natural Alternatives International worth $105,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 32.40% of the company’s stock.

Natural Alternatives International Company Profile

Natural Alternatives International, Inc (NASDAQ: NAII) is a contract manufacturer and developer of nutritional supplements. The company provides research, product formulation, manufacturing, packaging and related services for dietary supplement and sports nutrition companies, producing products such as capsules, tablets, powders and other specialized supplement formats.

NAI also develops and markets branded ingredients and supplement products. Its portfolio has included CarnoSyn beta-alanine, an ingredient used in sports nutrition products, and Kre-Alkalyn, a buffered creatine formulation.