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

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

Natural Alternatives International Price Performance

NAII stock opened at $4.32 on Friday. Natural Alternatives International has a 52-week low of $4.02 and a 52-week high of $7.26. The company has a quick ratio of 1.50, a current ratio of 2.56 and a debt-to-equity ratio of 0.11. The stock has a market cap of $26.78 million, a price-to-earnings ratio of -3.00 and a beta of 0.61. The business has a fifty day moving average of $4.38 and a two-hundred day moving average of $5.19.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Natural Alternatives International stock. Geode Capital Management LLC grew its stake in Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% during the third quarter, according to its most recent 13F filing with the SEC. The firm 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 filing with the SEC. 32.40% of the stock is owned by hedge funds and other institutional investors.

Natural Alternatives International Company Profile

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.