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

StockNews.com initiated 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 Trading Down 4.0 %

NAII opened at $4.51 on Thursday. The firm has a 50 day simple moving average of $5.63 and a 200 day simple moving average of $6.03. Natural Alternatives International has a fifty-two week low of $4.13 and a fifty-two week high of $7.37. The company has a market cap of $27.97 million, a price-to-earnings ratio of -8.05 and a beta of 0.56. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.63 and a quick ratio of 1.59.

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.