Natural Alternatives International (NASDAQ:NAII) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Natural Alternatives International, Inc. (NASDAQ:NAII) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.86 and traded as low as $4.08. Natural Alternatives International shares last traded at $4.25, with a volume of 6,228 shares trading hands.

Wall Street Analyst Weigh In

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

Natural Alternatives International Stock Up 2.4 %

The company has a debt-to-equity ratio of 0.11, a current ratio of 2.56 and a quick ratio of 1.50. The stock has a market capitalization of $26.35 million, a price-to-earnings ratio of -2.95 and a beta of 0.62. The firm’s fifty day moving average is $4.24 and its 200-day moving average is $4.86.

Institutional Investors Weigh In On Natural Alternatives International

An institutional investor recently raised its position in Natural Alternatives International stock. Geode Capital Management LLC lifted its stake in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 45,062 shares of the company’s stock after purchasing an additional 2,915 shares during the quarter. Geode Capital Management LLC owned about 0.73% of Natural Alternatives International worth $258,000 as of its most recent filing with the Securities and Exchange Commission. 32.40% of the stock is currently owned by 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.