Natural Alternatives International (NASDAQ:NAII) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Natural Alternatives International, Inc. (NASDAQ:NAII)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4.51 and traded as low as $3.58. Natural Alternatives International shares last traded at $3.59, with a volume of 3,864 shares.

Analyst Upgrades and Downgrades

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

Natural Alternatives International Stock Performance

The company has a market capitalization of $22.25 million, a PE ratio of -2.78 and a beta of 0.60. The firm has a 50-day moving average of $4.01 and a two-hundred day moving average of $4.51. 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 released its quarterly earnings data on Friday, February 14th. The company reported ($0.37) earnings per share for the quarter. The firm 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 Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Citadel Advisors LLC purchased a new stake in Natural Alternatives International in the 4th quarter valued at about $61,000. Northern Trust Corp raised its holdings in Natural Alternatives International by 54.3% in the fourth quarter. Northern Trust Corp now owns 37,633 shares of the company’s stock valued at $162,000 after acquiring an additional 13,238 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Natural Alternatives International by 6.9% during 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 in the last quarter. Mink Brook Asset Management LLC purchased a new position in shares of Natural Alternatives International in the 4th quarter valued at about $1,293,000. Finally, Dimensional Fund Advisors LP raised its holdings in Natural Alternatives International by 0.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock worth $1,841,000 after purchasing an additional 2,371 shares in the last quarter. 32.40% of the stock is owned by hedge funds and other institutional investors.

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.