Natural Alternatives International (NASDAQ:NAII) Posts Quarterly Earnings Results

Natural Alternatives International (NASDAQ:NAII) announced its quarterly earnings data on Monday. The company reported ($0.72) earnings per share for the quarter, Zacks reports. Natural Alternatives International had a negative return on equity of 8.60% and a negative net margin of 9.06%.The firm had revenue of $35.48 million for the quarter.

Natural Alternatives International Stock Performance

Shares of Natural Alternatives International stock traded up $0.13 on Wednesday, hitting $2.69. The stock had a trading volume of 1,299 shares, compared to its average volume of 21,711. The stock has a market cap of $16.59 million, a price-to-earnings ratio of -1.32 and a beta of 0.40. The company has a quick ratio of 0.85, a current ratio of 1.87 and a debt-to-equity ratio of 0.13. Natural Alternatives International has a twelve month low of $2.33 and a twelve month high of $4.96. The business’s 50 day moving average is $2.70 and its two-hundred day moving average is $3.16.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Natural Alternatives International in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Natural Alternatives International stock. Renaissance Technologies LLC raised its holdings in Natural Alternatives International, Inc. (NASDAQ:NAII) by 3.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 302,756 shares of the company’s stock after acquiring an additional 10,900 shares during the quarter. Renaissance Technologies LLC owned approximately 4.90% of Natural Alternatives International worth $1,084,000 as of its most recent SEC filing. 32.40% of the stock is 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.