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

StockNews.com initiated coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research note released on Sunday. The brokerage issued a buy rating on the stock.

Natural Alternatives International Stock Performance

NAII opened at $4.29 on Friday. The company has a market cap of $26.59 million, a price-to-earnings ratio of -2.98 and a beta of 0.61. The firm’s fifty day simple moving average is $4.37 and its two-hundred day simple moving average is $5.15. The company has a quick ratio of 1.50, a current ratio of 2.56 and a debt-to-equity ratio of 0.11. Natural Alternatives International has a 52-week low of $4.02 and a 52-week high of $7.26.

Hedge Funds Weigh In On Natural Alternatives International

An institutional investor recently raised its position in Natural Alternatives International stock. Geode Capital Management LLC increased its position in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% in the 3rd quarter, according to its most recent disclosure with the SEC. 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 as of its most recent filing with the SEC. 32.40% of the stock is currently owned by institutional investors and hedge funds.

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.