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

StockNews.com initiated coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a report issued on Wednesday. The firm set a “buy” rating on the stock.

Natural Alternatives International Price Performance

NASDAQ:NAII opened at $3.45 on Wednesday. The company has a quick ratio of 1.50, a current ratio of 2.70 and a debt-to-equity ratio of 0.11. The firm has a market cap of $21.39 million, a PE ratio of -2.67 and a beta of 0.60. Natural Alternatives International has a 12 month low of $3.27 and a 12 month high of $7.26. The company’s 50-day moving average price is $3.98 and its two-hundred day moving average price is $4.49.

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

Institutional Trading of Natural Alternatives International

Hedge funds have recently modified their holdings of the stock. Citadel Advisors LLC acquired a new position in Natural Alternatives International during the 4th quarter worth $61,000. Northern Trust Corp boosted its holdings in 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 acquiring an additional 13,238 shares during the last quarter. Geode Capital Management LLC increased its position in 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 purchasing an additional 2,915 shares during the period. Mink Brook Asset Management LLC bought a new stake in Natural Alternatives International during the 4th quarter worth about $1,293,000. Finally, Dimensional Fund Advisors LP lifted its position in Natural Alternatives International by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock valued at $1,841,000 after purchasing an additional 2,371 shares during the period. 32.40% of the stock is owned by institutional investors.

Natural Alternatives International Company Profile

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.