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

StockNews.com initiated coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a report published on Friday. The firm issued a buy rating on the stock.

Natural Alternatives International Stock Up 2.4 %

NAII opened at $4.24 on Friday. The company’s 50-day moving average price is $4.44 and its two-hundred day moving average price is $5.37. The company has a quick ratio of 1.50, a current ratio of 2.56 and a debt-to-equity ratio of 0.11. Natural Alternatives International has a twelve month low of $4.02 and a twelve month high of $7.26. The stock has a market cap of $26.28 million, a price-to-earnings ratio of -2.94 and a beta of 0.60.

Natural Alternatives International (NASDAQ:NAII) last released its 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 Investors Weigh In On Natural Alternatives International

A hedge fund recently raised its stake in Natural Alternatives International stock. Geode Capital Management LLC increased its holdings in Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,062 shares of the company’s stock after buying 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 SEC filing. Institutional investors and hedge funds 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.