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

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

Natural Alternatives International Stock Up 0.3 %

Shares of NASDAQ NAII opened at $3.83 on Monday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.50 and a current ratio of 2.70. Natural Alternatives International has a 52 week low of $3.65 and a 52 week high of $7.26. The stock has a market capitalization of $23.74 million, a P/E ratio of -2.97 and a beta of 0.60. The stock’s fifty day moving average is $4.17 and its 200 day moving average is $4.70.

Natural Alternatives International (NASDAQ:NAII) last issued its quarterly earnings results on Friday, February 14th. The company reported ($0.37) EPS for the quarter. The company had revenue of $34.08 million during the quarter. Natural Alternatives International had a negative return on equity of 9.36% and a negative net margin of 6.26%.

Institutional Trading of Natural Alternatives International

Several large investors have recently bought and sold shares of NAII. Geode Capital Management LLC boosted its stake in Natural Alternatives International by 6.9% in the third quarter. Geode Capital Management LLC now owns 45,062 shares of the company’s stock valued at $258,000 after buying an additional 2,915 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Natural Alternatives International by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock valued at $1,841,000 after buying an additional 2,371 shares in the last quarter. Northern Trust Corp boosted its stake in Natural Alternatives International by 54.3% in the fourth quarter. Northern Trust Corp now owns 37,633 shares of the company’s stock valued at $162,000 after buying an additional 13,238 shares in the last quarter. Citadel Advisors LLC acquired a new stake in Natural Alternatives International in the fourth quarter valued at about $61,000. Finally, Mink Brook Asset Management LLC acquired a new stake in Natural Alternatives International in the fourth quarter valued at about $1,293,000. 32.40% of the stock is 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.