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

Analysts at StockNews.com initiated coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research report issued to clients and investors on Tuesday. The brokerage set a “buy” rating on the stock.

Natural Alternatives International Stock Performance

NASDAQ:NAII opened at $4.56 on Tuesday. The company has a fifty day moving average of $4.87 and a 200-day moving average of $5.62. The firm has a market capitalization of $28.27 million, a P/E ratio of -2.98 and a beta of 0.58. The company has a quick ratio of 1.50, a current ratio of 2.56 and a debt-to-equity ratio of 0.11. Natural Alternatives International has a twelve month low of $4.11 and a twelve month high of $7.37.

Natural Alternatives International (NASDAQ:NAII) last announced its quarterly earnings results on Friday, September 27th. The company reported ($0.32) EPS for the quarter. The business had revenue of $29.49 million for the quarter. Natural Alternatives International had a negative net margin of 7.53% and a negative return on equity of 10.23%.

Institutional Trading of Natural Alternatives International

A hedge fund recently raised its stake in Natural Alternatives International stock. Geode Capital Management LLC raised its holdings in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,062 shares of the company’s stock after purchasing an additional 2,915 shares during the quarter. Geode Capital Management LLC owned 0.73% of Natural Alternatives International worth $258,000 as of its most recent SEC filing. 32.40% of the stock is owned by institutional investors.

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.