Investment analysts at StockNews.com started coverage on shares of Natural Alternatives International (NASDAQ:NAII – Get Free Report) in a note issued to investors on Friday. The firm set a “buy” rating on the stock.
Natural Alternatives International Price Performance
Natural Alternatives International stock opened at $4.25 on Friday. The stock has a market capitalization of $26.35 million, a price-to-earnings ratio of -2.95 and a beta of 0.62. Natural Alternatives International has a 52-week low of $4.02 and a 52-week high of $7.26. The stock’s 50 day moving average price is $4.24 and its two-hundred day moving average price is $4.86. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.50 and a current ratio of 2.56.
Hedge Funds Weigh In On Natural Alternatives International
A hedge fund recently raised its stake in Natural Alternatives International stock. Geode Capital Management LLC raised its stake in shares of Natural Alternatives International, Inc. (NASDAQ:NAII – Free Report) by 6.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,062 shares of the company’s stock after acquiring an additional 2,915 shares during the period. Geode Capital Management LLC owned about 0.73% of Natural Alternatives International worth $258,000 as of its most recent SEC filing. 32.40% of the stock is currently owned by institutional investors and hedge funds.
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.
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