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

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

Separately, TheStreet cut Natural Alternatives International from a “c” rating to a “d” rating in a report on Tuesday, February 13th.

Natural Alternatives International Stock Performance

Shares of Natural Alternatives International stock opened at $6.59 on Tuesday. The stock’s fifty day moving average is $6.15 and its two-hundred day moving average is $6.24. The company has a market capitalization of $40.13 million, a PE ratio of -9.41 and a beta of 0.58. The company has a quick ratio of 2.59, a current ratio of 4.06 and a debt-to-equity ratio of 0.11. Natural Alternatives International has a 52 week low of $5.06 and a 52 week high of $9.44.

Natural Alternatives International (NASDAQ:NAII) last announced its quarterly earnings data on Tuesday, February 13th. The company reported ($0.52) EPS for the quarter. The business had revenue of $25.20 million during the quarter. Natural Alternatives International had a negative net margin of 3.22% and a negative return on equity of 4.70%.

Institutional Investors Weigh In On Natural Alternatives International

Hedge funds have recently made changes to their positions in the company. Bridgeway Capital Management LLC lifted its stake in shares of Natural Alternatives International by 1.4% during the 4th quarter. Bridgeway Capital Management LLC now owns 121,663 shares of the company’s stock worth $781,000 after purchasing an additional 1,728 shares during the last quarter. Northern Trust Corp lifted its stake in shares of Natural Alternatives International by 117.4% during the 4th quarter. Northern Trust Corp now owns 27,887 shares of the company’s stock worth $182,000 after purchasing an additional 15,062 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of Natural Alternatives International by 49.4% during the 2nd quarter. Royal Bank of Canada now owns 15,563 shares of the company’s stock worth $112,000 after purchasing an additional 5,148 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Natural Alternatives International by 32.8% during the 2nd quarter. BlackRock Inc. now owns 16,970 shares of the company’s stock worth $122,000 after purchasing an additional 4,192 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of Natural Alternatives International by 2.5% during the 2nd quarter. Renaissance Technologies LLC now owns 429,754 shares of the company’s stock worth $4,487,000 after purchasing an additional 10,456 shares during the last quarter. 32.40% of the stock is currently owned by hedge funds and other 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.