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 report released on Wednesday. The brokerage set a “buy” rating on the stock.

Natural Alternatives International Price Performance

NASDAQ:NAII opened at $3.59 on Wednesday. The business’s 50-day moving average is $4.01 and its 200 day moving average is $4.51. Natural Alternatives International has a 12 month low of $3.27 and a 12 month high of $7.26. The company has a market capitalization of $22.25 million, a P/E ratio of -2.78 and a beta of 0.60. The company has a current ratio of 2.70, a quick ratio of 1.50 and a debt-to-equity ratio of 0.11.

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

Hedge Funds Weigh In On Natural Alternatives International

A number of institutional investors and hedge funds have recently made changes to their positions in NAII. Citadel Advisors LLC bought a new position in shares of Natural Alternatives International in the 4th quarter valued at about $61,000. Northern Trust Corp raised its position in Natural Alternatives International by 54.3% during the fourth quarter. Northern Trust Corp now owns 37,633 shares of the company’s stock valued at $162,000 after purchasing an additional 13,238 shares during the period. Geode Capital Management LLC lifted its stake in shares of Natural Alternatives International by 6.9% in the 3rd quarter. Geode Capital Management LLC now owns 45,062 shares of the company’s stock valued at $258,000 after purchasing an additional 2,915 shares during the last quarter. Mink Brook Asset Management LLC purchased a new position in shares of Natural Alternatives International in the 4th quarter worth approximately $1,293,000. Finally, Dimensional Fund Advisors LP increased its position in shares of Natural Alternatives International by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock valued at $1,841,000 after purchasing an additional 2,371 shares during the last quarter. 32.40% of the stock is owned by hedge funds and other institutional investors.

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.