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

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

Natural Alternatives International Stock Performance

Shares of NAII stock opened at $4.26 on Wednesday. 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 fifty day moving average of $4.29 and a 200 day moving average of $4.98. The firm has a market capitalization of $26.41 million, a price-to-earnings ratio of -2.96 and a beta of 0.61. Natural Alternatives International has a 52 week low of $4.02 and a 52 week high of $7.26.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Natural Alternatives International stock. Geode Capital Management LLC increased its position in Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% during the 3rd quarter, according to the company in its most recent Form 13F 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 period. Geode Capital Management LLC owned 0.73% of Natural Alternatives International worth $258,000 at the end of the most recent reporting period. 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.