Natural Alternatives International (NASDAQ:NAII) Earns Buy Rating from Analysts at StockNews.com

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

Natural Alternatives International Stock Up 2.9 %

NAII stock opened at $4.69 on Tuesday. Natural Alternatives International has a one year low of $4.11 and a one year high of $7.37. The stock has a market capitalization of $29.07 million, a PE ratio of -3.26 and a beta of 0.58. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.50 and a current ratio of 2.56. The company has a fifty day moving average of $4.79 and a 200-day moving average of $5.60.

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

Hedge Funds Weigh In On Natural Alternatives International

A hedge fund recently raised its stake in Natural Alternatives International stock. Geode Capital Management LLC increased its stake in Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% in the third quarter, according to 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 quarter. Geode Capital Management LLC owned 0.73% of Natural Alternatives International worth $258,000 at the end of the most recent quarter. 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.