Natural Alternatives International (NASDAQ:NAII) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a note issued to investors on Saturday. The brokerage set a “buy” rating on the stock.

Natural Alternatives International Stock Performance

NASDAQ:NAII opened at $2.69 on Friday. The company has a market cap of $16.68 million, a P/E ratio of -2.09 and a beta of 0.60. The firm’s 50 day moving average is $3.56 and its two-hundred day moving average is $4.10. Natural Alternatives International has a fifty-two week low of $2.70 and a fifty-two week high of $7.26. The company has a quick ratio of 1.50, a current ratio of 2.70 and a debt-to-equity ratio of 0.11.

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

Institutional Trading of Natural Alternatives International

A number of institutional investors and hedge funds have recently bought and sold shares of NAII. Citadel Advisors LLC acquired a new position in Natural Alternatives International during the fourth quarter valued at approximately $61,000. Northern Trust Corp lifted its holdings in shares of Natural Alternatives International by 54.3% during the 4th quarter. Northern Trust Corp now owns 37,633 shares of the company’s stock valued at $162,000 after acquiring an additional 13,238 shares in the last quarter. Geode Capital Management LLC boosted its position in Natural Alternatives International by 6.9% during the 3rd quarter. Geode Capital Management LLC now owns 45,062 shares of the company’s stock worth $258,000 after purchasing an additional 2,915 shares during the period. Mink Brook Asset Management LLC acquired a new stake in Natural Alternatives International in the 4th quarter valued at $1,293,000. Finally, Dimensional Fund Advisors LP raised its position 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 purchasing an additional 2,371 shares during the period. Institutional investors and hedge funds own 32.40% of the company’s stock.

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.