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

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

Natural Alternatives International Stock Down 1.8 %

Shares of NASDAQ NAII opened at $4.30 on Thursday. The stock has a market cap of $26.66 million, a P/E ratio of -2.99 and a beta of 0.60. The business’s fifty day simple moving average is $4.48 and its 200-day simple moving average is $5.43. Natural Alternatives International has a 12-month low of $4.11 and a 12-month high of $7.26. The company has a current ratio of 2.56, a quick ratio of 1.50 and a debt-to-equity ratio of 0.11.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Natural Alternatives International stock. Geode Capital Management LLC grew its position in Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% during the third quarter, according to its most recent filing with the Securities and 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 approximately 0.73% of Natural Alternatives International worth $258,000 at the end of the most recent reporting 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.