Natural Alternatives International (NASDAQ:NAII) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research report issued on Wednesday. The firm set a “buy” rating on the stock.

Natural Alternatives International Trading Down 2.7 %

NAII opened at $3.59 on Wednesday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.50 and a current ratio of 2.70. The stock’s 50 day moving average price is $4.01 and its 200-day moving average price is $4.51. Natural Alternatives International has a one year low of $3.27 and a one year high of $7.26. The stock has a market cap of $22.25 million, a price-to-earnings ratio of -2.78 and a beta of 0.60.

Natural Alternatives International (NASDAQ:NAII) last issued its earnings results on Friday, February 14th. The company reported ($0.37) earnings per share (EPS) for the quarter. The company 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 Trading of Natural Alternatives International

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