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

StockNews.com began coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a report issued on Friday. The firm issued a buy rating on the stock.

Natural Alternatives International Stock Performance

NASDAQ NAII opened at $4.24 on Friday. The business’s 50-day simple moving average is $4.43 and its 200-day simple moving average is $5.34. The firm has a market capitalization of $26.28 million, a P/E ratio of -2.94 and a beta of 0.60. Natural Alternatives International has a 1-year low of $4.02 and a 1-year high of $7.26. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.56 and a quick ratio of 1.50.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Natural Alternatives International stock. Geode Capital Management LLC grew its position in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,062 shares of the company’s stock after purchasing 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. Hedge funds and other institutional investors 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.