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

StockNews.com began coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research note released on Saturday morning. The firm issued a buy rating on the stock.

Natural Alternatives International Stock Performance

NASDAQ:NAII opened at $4.31 on Friday. Natural Alternatives International has a twelve month low of $4.02 and a twelve month high of $7.26. 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’s 50-day simple moving average is $4.40 and its 200 day simple moving average is $5.26. The firm has a market capitalization of $26.72 million, a PE ratio of -2.99 and a beta of 0.60.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Natural Alternatives International stock. Geode Capital Management LLC boosted its position in Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 quarter. Institutional investors and hedge funds 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.