Natural Alternatives International (NASDAQ:NAII) Stock Passes Below 200-Day Moving Average – Time to Sell?

Shares of Natural Alternatives International, Inc. (NASDAQ:NAII) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $4.22 and traded as low as $2.89. Natural Alternatives International shares last traded at $3.00, with a volume of 16,169 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Natural Alternatives International in a research report on Friday. They issued a “buy” rating on the stock.

Natural Alternatives International Stock Performance

The company has a market capitalization of $18.07 million, a price-to-earnings ratio of -2.26 and a beta of 0.60. The stock has a 50 day simple moving average of $3.70 and a 200 day simple moving average of $4.19. The company has a quick ratio of 1.50, a current ratio of 2.70 and a debt-to-equity ratio of 0.11.

Natural Alternatives International (NASDAQ:NAII) last posted its earnings results on Friday, February 14th. The company reported ($0.37) earnings per share (EPS) for the quarter. The company had revenue of $34.08 million during the quarter. Natural Alternatives International had a negative net margin of 6.26% and a negative return on equity of 9.36%.

Institutional Investors Weigh In On Natural Alternatives International

Hedge funds have recently made changes to their positions in the business. Mink Brook Asset Management LLC acquired a new stake in Natural Alternatives International in the 4th quarter valued at approximately $1,293,000. Citadel Advisors LLC acquired a new position in shares of Natural Alternatives International during the fourth quarter valued at $61,000. Northern Trust Corp raised its stake in shares of Natural Alternatives International by 54.3% during the fourth quarter. Northern Trust Corp now owns 37,633 shares of the company’s stock valued at $162,000 after purchasing an additional 13,238 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Natural Alternatives International by 6.9% in the third quarter. Geode Capital Management LLC now owns 45,062 shares of the company’s stock worth $258,000 after purchasing an additional 2,915 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in Natural Alternatives International by 0.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock valued at $1,841,000 after buying an additional 2,371 shares in the last quarter. Institutional investors own 32.40% of the company’s stock.

About Natural Alternatives International

Natural Alternatives International, Inc engages in formulating, manufacturing, and marketing nutritional supplements in the United States, Europe, Australia, Asia, Mexico, and Canada. The company operates in two segments, Private-Label Contract Manufacturing, and Patent and Trademark Licensing. It offers private-label contract manufacturing services to companies that market and distribute vitamins, minerals, herbal, and other nutritional supplements, as well as other health care products.