Natural Alternatives International (NASDAQ:NAII) Share Price Crosses Below Two Hundred Day Moving Average of $6.34

Natural Alternatives International, Inc. (NASDAQ:NAII) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $6.34 and traded as low as $6.25. Natural Alternatives International shares last traded at $6.39, with a volume of 956 shares changing hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Natural Alternatives International in a research report on Thursday. They set a “buy” rating on the stock.

Natural Alternatives International Stock Up 2.2 %

The company has a current ratio of 3.98, a quick ratio of 2.44 and a debt-to-equity ratio of 0.11. The firm has a market cap of $39.62 million, a PE ratio of -11.41 and a beta of 0.54. The business’s 50-day simple moving average is $6.48 and its 200 day simple moving average is $6.34.

Natural Alternatives International (NASDAQ:NAII) last issued its quarterly earnings data on Tuesday, May 14th. The company reported ($0.27) earnings per share (EPS) for the quarter. Natural Alternatives International had a negative return on equity of 3.81% and a negative net margin of 2.75%. The firm had revenue of $25.14 million during the quarter.

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.