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

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

Natural Alternatives International Price Performance

NAII opened at $4.32 on Friday. The stock’s 50-day moving average price is $4.38 and its 200 day moving average price is $5.19. Natural Alternatives International has a 12-month low of $4.02 and a 12-month high of $7.26. The firm has a market cap of $26.78 million, a price-to-earnings ratio of -3.00 and a beta of 0.61. The company has a current ratio of 2.56, a quick ratio of 1.50 and a debt-to-equity ratio of 0.11.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Natural Alternatives International stock. Geode Capital Management LLC raised its holdings in Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,062 shares of the company’s stock after buying an additional 2,915 shares during the period. Geode Capital Management LLC owned approximately 0.73% of Natural Alternatives International worth $258,000 as of its most recent SEC filing. Institutional investors 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.