Natural Alternatives International, Inc. (NASDAQ:NAII – Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $3.16 and traded as low as $2.66. Natural Alternatives International shares last traded at $2.67, with a volume of 18,481 shares changing hands.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Natural Alternatives International in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.
Natural Alternatives International Stock Down 1.8%
Natural Alternatives International (NASDAQ:NAII – Get Free Report) last announced its earnings results on Friday, February 13th. The company reported ($0.42) EPS for the quarter. The business had revenue of $34.80 million during the quarter. Natural Alternatives International had a negative return on equity of 8.60% and a negative net margin of 9.06%.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Natural Alternatives International stock. Renaissance Technologies LLC lifted its holdings in Natural Alternatives International, Inc. (NASDAQ:NAII – Free Report) by 3.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 302,756 shares of the company’s stock after acquiring an additional 10,900 shares during the quarter. Renaissance Technologies LLC owned approximately 4.90% of Natural Alternatives International worth $1,084,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 32.40% of the company’s stock.
About Natural Alternatives International
Natural Alternatives International, Inc (NASDAQ: NAII) is a developer and contract manufacturer of nutritional supplements and related health products. Founded in 1980 and headquartered in Carlsbad, California, the company specializes in turnkey solutions for dietary supplement and functional food brands, combining scientific research with large-scale production capabilities.
NAII’s product portfolio spans a wide range of dosage forms, including softgels, tablets, capsules, powders, effervescent drink mixes and chewables.
Further Reading
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