Natural Alternatives International (NASDAQ:NAII) Stock Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Natural Alternatives International, Inc. (NASDAQ:NAII)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $5.88 and traded as low as $4.52. Natural Alternatives International shares last traded at $4.55, with a volume of 7,274 shares trading hands.

Analyst Upgrades and Downgrades

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

Natural Alternatives International Stock Down 0.4 %

The company has a current ratio of 2.63, a quick ratio of 1.59 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $28.21 million, a price-to-earnings ratio of -3.70 and a beta of 0.58. The firm’s fifty day simple moving average is $5.46 and its two-hundred day simple moving average is $5.86.

Natural Alternatives International (NASDAQ:NAII) last issued its quarterly earnings data on Friday, September 27th. The company reported ($0.32) EPS for the quarter. Natural Alternatives International had a negative return on equity of 8.47% and a negative net margin of 6.34%. The company had revenue of $29.49 million during the quarter.

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.