Natural Alternatives International (NASDAQ:NAII) Stock Price Crosses Above Fifty Day Moving Average of $10.90

Natural Alternatives International, Inc. (NASDAQ:NAII) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $10.90 and traded as high as $10.16. Natural Alternatives International shares last traded at $10.12, with a volume of 1,220 shares trading hands.

The firm has a market capitalization of $78.17 million, a PE ratio of 7.81 and a beta of 0.17. The business’s 50-day moving average is $10.88.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Financial Sense Advisors Inc. acquired a new position in Natural Alternatives International during the first quarter valued at approximately $256,000. Wedbush Securities Inc. grew its holdings in Natural Alternatives International by 5.3% during the first quarter. Wedbush Securities Inc. now owns 142,679 shares of the company’s stock valued at $1,641,000 after purchasing an additional 7,209 shares during the last quarter. LSV Asset Management acquired a new position in Natural Alternatives International during the second quarter valued at approximately $69,000. Vanguard Group Inc. grew its holdings in Natural Alternatives International by 0.6% during the second quarter. Vanguard Group Inc. now owns 274,344 shares of the company’s stock valued at $3,199,000 after purchasing an additional 1,700 shares during the last quarter. Finally, BlackRock Inc. grew its holdings in Natural Alternatives International by 7.7% during the second quarter. BlackRock Inc. now owns 17,497 shares of the company’s stock valued at $204,000 after purchasing an additional 1,247 shares during the last quarter. 31.44% of the stock is currently owned by hedge funds and other institutional investors.



Natural Alternatives International Company Profile (NASDAQ:NAII)

Natural Alternatives International, Inc engages in formulating, manufacturing, and marketing nutritional supplements in the United States and internationally. It operates through two segments, Private-Label Contract Manufacturing, and Patent and Trademark Licensing. The company 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.

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