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

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

Natural Alternatives International Price Performance

NASDAQ:NAII opened at $4.27 on Monday. The firm has a market capitalization of $26.47 million, a price-to-earnings ratio of -2.97 and a beta of 0.58. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.56 and a quick ratio of 1.50. The business has a 50 day simple moving average of $5.08 and a 200-day simple moving average of $5.69. Natural Alternatives International has a 1 year low of $4.13 and a 1 year high of $7.37.

Natural Alternatives International (NASDAQ:NAII) last posted its quarterly earnings data on Friday, September 27th. The company reported ($0.32) 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 firm had revenue of $29.49 million for the quarter.

Institutional Trading of Natural Alternatives International

An institutional investor recently raised its position in Natural Alternatives International stock. Geode Capital Management LLC lifted its holdings in Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 45,062 shares of the company’s stock after buying an additional 2,915 shares during the quarter. Geode Capital Management LLC owned approximately 0.73% of Natural Alternatives International worth $258,000 at the end of the most recent quarter. 32.40% of the stock is owned by hedge funds and other institutional investors.

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.