Natural Alternatives International (NASDAQ:NAII) Now Covered by StockNews.com

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

Natural Alternatives International Price Performance

Shares of NAII opened at $4.19 on Thursday. The stock’s fifty day moving average is $4.27 and its 200-day moving average is $4.92. The firm has a market capitalization of $25.95 million, a price-to-earnings ratio of -2.91 and a beta of 0.62. Natural Alternatives International has a one year low of $4.02 and a one year high of $7.26. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.50 and a current ratio of 2.56.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Natural Alternatives International stock. Geode Capital Management LLC increased its position in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,062 shares of the company’s stock after acquiring an additional 2,915 shares during the period. Geode Capital Management LLC owned approximately 0.73% of Natural Alternatives International worth $258,000 at the end of the most recent quarter. 32.40% of the stock is 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.