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

Natural Alternatives International, Inc. (NASDAQ:NAII)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.95 and traded as low as $4.45. Natural Alternatives International shares last traded at $4.45, with a volume of 2,042 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Natural Alternatives International in a research note on Friday. They issued a “buy” rating for the company.

Natural Alternatives International Stock Up 7.9 %

The stock has a market cap of $29.76 million, a price-to-earnings ratio of -3.90 and a beta of 0.56. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.59 and a current ratio of 2.63. The firm’s 50-day simple moving average is $5.54 and its two-hundred day simple moving average is $5.94.

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

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.