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

StockNews.com assumed coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research report sent to investors on Saturday morning. The firm issued a buy rating on the stock.

Natural Alternatives International Stock Performance

Shares of NAII stock opened at $4.21 on Friday. The company has a market capitalization of $26.10 million, a price-to-earnings ratio of -3.26 and a beta of 0.62. Natural Alternatives International has a 1-year low of $4.02 and a 1-year high of $7.26. The company has a current ratio of 2.70, a quick ratio of 1.50 and a debt-to-equity ratio of 0.11. The stock’s fifty day simple moving average is $4.23 and its 200-day simple moving average is $4.80.

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

Institutional Investors Weigh In On Natural Alternatives International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NAII. Mink Brook Asset Management LLC purchased a new position in shares of Natural Alternatives International during the 4th quarter valued at $1,293,000. Citadel Advisors LLC acquired a new stake in Natural Alternatives International during the fourth quarter valued at $61,000. Northern Trust Corp grew its stake in Natural Alternatives International by 54.3% in the fourth quarter. Northern Trust Corp now owns 37,633 shares of the company’s stock valued at $162,000 after purchasing an additional 13,238 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Natural Alternatives International by 6.9% during 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. Finally, Dimensional Fund Advisors LP lifted its stake in Natural Alternatives International by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock valued at $1,841,000 after acquiring an additional 2,371 shares during the last 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.