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

StockNews.com started coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a note issued to investors on Saturday. The firm set a “buy” rating on the stock.

Natural Alternatives International Trading Up 0.2 %

Shares of Natural Alternatives International stock opened at $4.26 on Friday. The firm has a market cap of $26.41 million, a price-to-earnings ratio of -2.96 and a beta of 0.60. Natural Alternatives International has a 52-week low of $4.02 and a 52-week high of $7.26. The company’s 50-day simple moving average is $4.41 and its 200-day simple moving average is $5.29. The company has a quick ratio of 1.50, a current ratio of 2.56 and a debt-to-equity ratio of 0.11.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Natural Alternatives International stock. Geode Capital Management LLC lifted its stake in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% during the third quarter, according to the company in its most recent filing 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 quarter. Geode Capital Management LLC owned about 0.73% of Natural Alternatives International worth $258,000 at the end of the most recent quarter. 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.