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

Natural Alternatives International, Inc. (NASDAQ:NAII)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $2.56 and traded as low as $2.07. Natural Alternatives International shares last traded at $2.29, with a volume of 198,981 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Natural Alternatives International in a research note on Friday, August 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Natural Alternatives International Stock Down 5.7%

The firm has a market cap of $13.56 million, a P/E ratio of -0.90 and a beta of 0.36. The company’s 50-day simple moving average is $2.27 and its 200 day simple moving average is $2.56. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.64 and a quick ratio of 0.87.

Institutional Investors Weigh In On Natural Alternatives International

An institutional investor recently bought a new stake in Natural Alternatives International stock. DRW Securities LLC acquired a new stake in Natural Alternatives International, Inc. (NASDAQ:NAII) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,377 shares of the company’s stock, valued at approximately $37,000. DRW Securities LLC owned about 0.17% of Natural Alternatives International at the end of the most recent reporting period. Institutional investors own 32.40% of the company’s stock.

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.