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

StockNews.com initiated coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research report released on Thursday. The brokerage issued a buy rating on the stock.

Natural Alternatives International Stock Performance

NASDAQ NAII opened at $3.31 on Thursday. Natural Alternatives International has a fifty-two week low of $3.27 and a fifty-two week high of $7.26. The stock has a market cap of $20.52 million, a PE ratio of -2.57 and a beta of 0.60. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.50 and a current ratio of 2.70. The firm’s fifty day moving average price is $3.89 and its two-hundred day moving average price is $4.35.

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

Hedge Funds Weigh In On Natural Alternatives International

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mink Brook Asset Management LLC bought a new stake in shares of Natural Alternatives International in the fourth quarter worth $1,293,000. Citadel Advisors LLC bought a new stake in shares of Natural Alternatives International in the 4th quarter valued at about $61,000. Northern Trust Corp increased its stake in shares of Natural Alternatives International by 54.3% in the fourth quarter. Northern Trust Corp now owns 37,633 shares of the company’s stock valued at $162,000 after buying an additional 13,238 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Natural Alternatives International by 0.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock worth $1,841,000 after acquiring an additional 2,371 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Natural Alternatives International by 6.9% in the third quarter. Geode Capital Management LLC now owns 45,062 shares of the company’s stock worth $258,000 after acquiring an additional 2,915 shares during the period. 32.40% of the stock is currently owned by institutional investors and hedge funds.

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.