StockNews.com Initiates Coverage on Natural Alternatives International (NASDAQ:NAII)

StockNews.com began coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research report sent to investors on Monday. The firm issued a buy rating on the stock.

Natural Alternatives International Stock Performance

Shares of Natural Alternatives International stock opened at $3.41 on Monday. The business has a 50-day moving average of $4.14 and a 200 day moving average of $4.67. Natural Alternatives International has a 12 month low of $3.27 and a 12 month high of $7.26. The stock has a market capitalization of $21.14 million, a price-to-earnings ratio of -2.64 and a beta of 0.60. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.70 and a quick ratio of 1.50.

Natural Alternatives International (NASDAQ:NAII) last announced its earnings results on Friday, February 14th. The company reported ($0.37) EPS for the quarter. The firm had revenue of $34.08 million for the quarter. Natural Alternatives International had a negative net margin of 6.26% and a negative return on equity of 9.36%.

Institutional Investors Weigh In On Natural Alternatives International

A number of hedge funds have recently bought and sold shares of NAII. Geode Capital Management LLC raised its position in Natural Alternatives International by 6.9% in the 3rd quarter. Geode Capital Management LLC now owns 45,062 shares of the company’s stock valued at $258,000 after purchasing an additional 2,915 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Natural Alternatives International by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock worth $1,841,000 after acquiring an additional 2,371 shares in the last quarter. Northern Trust Corp raised its position in shares of Natural Alternatives International by 54.3% during the 4th quarter. Northern Trust Corp now owns 37,633 shares of the company’s stock worth $162,000 after acquiring an additional 13,238 shares in the last quarter. Citadel Advisors LLC acquired a new stake in shares of Natural Alternatives International during the 4th quarter worth about $61,000. Finally, Mink Brook Asset Management LLC acquired a new stake in shares of Natural Alternatives International during the 4th quarter worth about $1,293,000. Institutional investors and hedge funds own 32.40% of the company’s stock.

About Natural Alternatives International

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.