Natural Alternatives International (NASDAQ:NAII) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

Natural Alternatives International, Inc. (NASDAQ:NAII)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $3.37 and traded as low as $2.73. Natural Alternatives International shares last traded at $2.89, with a volume of 48,407 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Natural Alternatives International in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Natural Alternatives International Price Performance

The stock has a market capitalization of $17.86 million, a PE ratio of -1.42 and a beta of 0.35. The firm’s fifty day moving average price is $3.67 and its two-hundred day moving average price is $3.37. 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 (NASDAQ:NAII) last posted its earnings results on Friday, February 13th. The company reported ($0.42) EPS for the quarter. The company had revenue of $34.80 million during the quarter. Natural Alternatives International had a negative return on equity of 8.60% and a negative net margin of 9.06%.

Institutional Investors Weigh In On Natural Alternatives International

An institutional investor recently raised its position in Natural Alternatives International stock. Renaissance Technologies LLC lifted its holdings in Natural Alternatives International, Inc. (NASDAQ:NAII) by 3.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 302,756 shares of the company’s stock after purchasing an additional 10,900 shares during the period. Renaissance Technologies LLC owned about 4.90% of Natural Alternatives International worth $1,084,000 at the end of the most recent reporting period. 32.40% of the stock is currently owned by institutional investors.

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.