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 research note released on Monday morning. The firm issued a buy rating on the stock.

Natural Alternatives International Price Performance

Shares of NASDAQ NAII opened at $3.81 on Monday. The firm has a market capitalization of $23.62 million, a P/E ratio of -2.95 and a beta of 0.60. The firm’s 50-day moving average price is $4.17 and its 200-day moving average price is $4.70. The company has a current ratio of 2.70, a quick ratio of 1.50 and a debt-to-equity ratio of 0.11. Natural Alternatives International has a 1-year low of $3.65 and a 1-year high of $7.26.

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

Institutional Trading of Natural Alternatives International

Several hedge funds have recently bought and sold shares of the business. Citadel Advisors LLC acquired a new position in Natural Alternatives International during the fourth quarter worth $61,000. Northern Trust Corp increased its holdings in 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 purchasing an additional 13,238 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Natural Alternatives International by 6.9% in the third quarter. Geode Capital Management LLC now owns 45,062 shares of the company’s stock worth $258,000 after purchasing an additional 2,915 shares during the last quarter. Mink Brook Asset Management LLC bought a new position in shares of Natural Alternatives International in the fourth quarter valued at approximately $1,293,000. Finally, Dimensional Fund Advisors LP boosted its position in shares of Natural Alternatives International by 0.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock valued at $1,841,000 after buying an additional 2,371 shares during the last 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.