Natural Alternatives International (NASDAQ:NAII) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a report published on Saturday. The brokerage issued a buy rating on the stock.

Natural Alternatives International Price Performance

NAII opened at $4.26 on Friday. The company has a market capitalization of $26.41 million, a P/E ratio of -2.96 and a beta of 0.60. The company has a 50-day moving average of $4.40 and a 200-day moving average of $5.28. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.50 and a current ratio of 2.56. Natural Alternatives International has a 1-year low of $4.02 and a 1-year high of $7.26.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Natural Alternatives International stock. Geode Capital Management LLC boosted its holdings in Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 45,062 shares of the company’s stock after acquiring an additional 2,915 shares during the period. Geode Capital Management LLC owned about 0.73% of Natural Alternatives International worth $258,000 at the end of the most recent quarter. Institutional investors and hedge funds own 32.40% of the company’s stock.

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.