Natural Alternatives International (NASDAQ:NAII) Now Covered by Analysts at StockNews.com

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

Natural Alternatives International Stock Performance

Shares of Natural Alternatives International stock opened at $4.23 on Tuesday. The stock has a market capitalization of $26.23 million, a price-to-earnings ratio of -2.94 and a beta of 0.61. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.56 and a quick ratio of 1.50. The business has a 50-day moving average of $4.31 and a 200 day moving average of $5.03. Natural Alternatives International has a 12 month low of $4.02 and a 12 month high of $7.26.

Hedge Funds Weigh In On Natural Alternatives International

A hedge fund recently raised its stake in Natural Alternatives International stock. Geode Capital Management LLC increased its stake 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 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 approximately 0.73% of Natural Alternatives International worth $258,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 32.40% of the company’s stock.

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.