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

Natural Alternatives International, Inc. (NASDAQ:NAII) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.80 and traded as low as $4.02. Natural Alternatives International shares last traded at $4.21, with a volume of 5,319 shares trading hands.

Analysts Set New Price Targets

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

Natural Alternatives International Stock Performance

The business’s fifty day moving average price is $4.23 and its 200-day moving average price is $4.80. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.70 and a quick ratio of 1.50. The stock has a market capitalization of $26.10 million, a PE ratio of -3.26 and a beta of 0.62.

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 firm had revenue of $34.08 million during the quarter. Natural Alternatives International had a negative return on equity of 9.36% and a negative net margin of 6.26%.

Hedge Funds Weigh In On Natural Alternatives International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Citadel Advisors LLC purchased a new stake in shares of Natural Alternatives International in the 4th quarter valued at about $61,000. Northern Trust Corp raised its stake 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 purchasing an additional 13,238 shares in the last quarter. Geode Capital Management LLC lifted its position in Natural Alternatives International by 6.9% during the third quarter. Geode Capital Management LLC now owns 45,062 shares of the company’s stock valued at $258,000 after purchasing an additional 2,915 shares during the last quarter. Mink Brook Asset Management LLC purchased a new position in Natural Alternatives International in the 4th quarter worth approximately $1,293,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Natural Alternatives International by 0.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock worth $1,841,000 after buying an additional 2,371 shares during the last quarter. 32.40% of the stock is currently owned by hedge funds and other institutional investors.

Natural Alternatives International Company Profile

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.