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

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

Natural Alternatives International Stock Up 6.3 %

NASDAQ:NAII opened at $4.56 on Tuesday. The firm’s 50 day simple moving average is $4.87 and its 200 day simple moving average is $5.62. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.56 and a quick ratio of 1.50. Natural Alternatives International has a one year low of $4.11 and a one year high of $7.37. The company has a market cap of $28.27 million, a PE ratio of -2.98 and a beta of 0.58.

Natural Alternatives International (NASDAQ:NAII) last issued its quarterly earnings results on Friday, September 27th. The company reported ($0.32) earnings per share (EPS) for the quarter. The firm had revenue of $29.49 million during the quarter. Natural Alternatives International had a negative return on equity of 10.23% and a negative net margin of 7.53%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Natural Alternatives International stock. Geode Capital Management LLC raised its position in Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% during the third quarter, according to its most recent filing with the SEC. 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 as of its most recent filing with the SEC. 32.40% of the stock is currently 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.