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

Investment analysts at StockNews.com began coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research report issued on Friday. The firm set a “buy” rating on the stock.

Natural Alternatives International Stock Performance

NAII opened at $4.14 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.50 and a current ratio of 2.56. Natural Alternatives International has a 52-week low of $4.02 and a 52-week high of $7.26. The firm has a market cap of $25.66 million, a P/E ratio of -2.88 and a beta of 0.60. The business’s fifty day moving average is $4.45 and its 200-day moving average is $5.38.

Natural Alternatives International (NASDAQ:NAII) last announced 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 firm had revenue of $29.49 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Natural Alternatives International stock. Geode Capital Management LLC grew its holdings in Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund 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.

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.