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

Investment analysts at StockNews.com began coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a report issued on Tuesday. The firm set a “buy” rating on the stock.

Natural Alternatives International Price Performance

NASDAQ:NAII opened at $4.23 on Tuesday. Natural Alternatives International has a one year low of $4.02 and a one year high of $7.26. The stock has a market cap of $26.23 million, a PE ratio of -2.94 and a beta of 0.61. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.50 and a current ratio of 2.56. The stock has a 50 day moving average price of $4.31 and a 200 day moving average price of $5.03.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Natural Alternatives International stock. Geode Capital Management LLC increased its holdings in Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% in the 3rd quarter, according to its most recent disclosure with the SEC. 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. Hedge funds and other institutional investors 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.