Natural Alternatives International (NASDAQ:NAII) Share Price Passes Below 200-Day Moving Average of $6.30

Natural Alternatives International, Inc. (NASDAQ:NAII) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.30 and traded as low as $5.39. Natural Alternatives International shares last traded at $5.56, with a volume of 1,621 shares.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Natural Alternatives International in a report on Friday. They set a “buy” rating on the stock.

Natural Alternatives International Price Performance

The company has a market cap of $34.48 million, a PE ratio of -9.93 and a beta of 0.56. The business has a 50 day moving average of $6.39 and a 200 day moving average of $6.30. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.98 and a quick ratio of 2.44.

Natural Alternatives International (NASDAQ:NAII) last posted its earnings results on Tuesday, May 14th. The company reported ($0.27) EPS for the quarter. The company had revenue of $25.14 million during the quarter. Natural Alternatives International had a negative return on equity of 3.81% and a negative net margin of 2.75%.

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.