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

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

Natural Alternatives International Price Performance

NAII stock opened at $3.50 on Wednesday. Natural Alternatives International has a 52 week low of $3.27 and a 52 week high of $7.26. The firm has a market capitalization of $21.70 million, a P/E ratio of -2.71 and a beta of 0.60. The company has a fifty day simple moving average of $3.96 and a two-hundred day simple moving average of $4.47. The company has a quick ratio of 1.50, a current ratio of 2.70 and a debt-to-equity ratio of 0.11.

Natural Alternatives International (NASDAQ:NAII) last announced its quarterly earnings results on Friday, February 14th. The company reported ($0.37) EPS for the quarter. Natural Alternatives International had a negative net margin of 6.26% and a negative return on equity of 9.36%. The business had revenue of $34.08 million during the quarter.

Institutional Trading of Natural Alternatives International

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Mink Brook Asset Management LLC bought a new position in Natural Alternatives International during the fourth quarter valued at $1,293,000. Citadel Advisors LLC purchased a new position in shares of Natural Alternatives International during the 4th quarter worth about $61,000. Northern Trust Corp grew its holdings in Natural Alternatives International by 54.3% during the 4th quarter. Northern Trust Corp now owns 37,633 shares of the company’s stock valued at $162,000 after purchasing an additional 13,238 shares during the last quarter. Geode Capital Management LLC raised its position in Natural Alternatives International by 6.9% in the 3rd quarter. Geode Capital Management LLC now owns 45,062 shares of the company’s stock worth $258,000 after purchasing an additional 2,915 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in Natural Alternatives International by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock worth $1,841,000 after purchasing an additional 2,371 shares during the last quarter. Hedge funds and other 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.