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

StockNews.com assumed coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research note published on Sunday. The firm issued a buy rating on the stock.

Natural Alternatives International Price Performance

Shares of NAII opened at $4.29 on Friday. 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 stock has a market cap of $26.59 million, a PE ratio of -2.98 and a beta of 0.61. The firm has a 50-day simple moving average of $4.37 and a two-hundred day simple moving average of $5.15. Natural Alternatives International has a 1-year low of $4.02 and a 1-year high of $7.26.

Institutional Investors Weigh In On Natural Alternatives International

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 the company in its most recent 13F filing with the Securities and Exchange Commission. The fund 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 Securities and Exchange Commission. Institutional investors own 32.40% of the company’s stock.

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.