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

Stock analysts at StockNews.com began coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research note issued to investors on Sunday. The firm set a “buy” rating on the stock.

Natural Alternatives International Stock Down 1.0 %

Shares of Natural Alternatives International stock opened at $3.95 on Friday. The stock has a market capitalization of $24.49 million, a price-to-earnings ratio of -3.06 and a beta of 0.62. Natural Alternatives International has a twelve month low of $3.95 and a twelve month high of $7.26. The company has a current ratio of 2.70, a quick ratio of 1.50 and a debt-to-equity ratio of 0.11. The business’s 50 day simple moving average is $4.21 and its 200-day simple moving average is $4.75.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of NAII. Mink Brook Asset Management LLC bought a new stake in shares of Natural Alternatives International during the fourth quarter valued at approximately $1,293,000. Citadel Advisors LLC acquired a new stake in Natural Alternatives International in the 4th quarter valued at approximately $61,000. Northern Trust Corp raised its stake 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 acquiring an additional 13,238 shares in the last quarter. Dimensional Fund Advisors LP boosted 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 worth $1,841,000 after acquiring an additional 2,371 shares during the period. Finally, Geode Capital Management LLC boosted its position in Natural Alternatives International by 6.9% during the 3rd 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 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.