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

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

Natural Alternatives International Stock Down 1.2 %

Natural Alternatives International stock opened at $4.00 on Friday. The firm has a market capitalization of $24.80 million, a PE ratio of -3.10 and a beta of 0.62. The company’s 50-day moving average is $4.22 and its 200-day moving average is $4.78. Natural Alternatives International has a fifty-two week low of $4.00 and a fifty-two week high of $7.26. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.70 and a quick ratio of 1.50.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of NAII. Geode Capital Management LLC grew its stake in Natural Alternatives International by 6.9% in the 3rd quarter. Geode Capital Management LLC now owns 45,062 shares of the company’s stock valued at $258,000 after buying an additional 2,915 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Natural Alternatives International by 0.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock valued at $1,841,000 after buying an additional 2,371 shares during the last quarter. Northern Trust Corp grew its stake in Natural Alternatives International by 54.3% in the 4th 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 last quarter. Citadel Advisors LLC acquired a new position in Natural Alternatives International in the 4th quarter valued at about $61,000. Finally, Mink Brook Asset Management LLC acquired a new position in Natural Alternatives International in the 4th quarter valued at about $1,293,000. Institutional investors and hedge funds own 32.40% of the company’s stock.

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.