Wall Street Zen Begins Coverage on Natural Alternatives International (NASDAQ:NAII)

Investment analysts at Wall Street Zen assumed coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a note issued to investors on Wednesday. The firm set a “buy” rating on the stock.

Natural Alternatives International Trading Up 1.2%

NASDAQ:NAII opened at $3.34 on Wednesday. Natural Alternatives International has a 1-year low of $2.57 and a 1-year high of $6.88. The business’s 50-day moving average price is $3.15 and its two-hundred day moving average price is $3.84. 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 firm has a market capitalization of $20.64 million, a price-to-earnings ratio of -2.59 and a beta of 0.59.

Natural Alternatives International (NASDAQ:NAII) last announced its quarterly earnings results on Wednesday, May 14th. The company reported ($0.37) EPS for the quarter. The company had revenue of $28.77 million during 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

Hedge funds have recently bought and sold shares of the company. EP Wealth Advisors LLC acquired a new position in shares of Natural Alternatives International in the 1st quarter valued at $48,000. Citadel Advisors LLC bought a new position in Natural Alternatives International during the fourth quarter worth about $61,000. Northern Trust Corp lifted its holdings in Natural Alternatives International by 54.3% during the fourth quarter. Northern Trust Corp now owns 37,633 shares of the company’s stock worth $162,000 after acquiring an additional 13,238 shares in the last quarter. Mink Brook Asset Management LLC acquired a new position in Natural Alternatives International in the fourth quarter valued at about $1,293,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Natural Alternatives International by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock worth $1,841,000 after acquiring an additional 2,371 shares in the last quarter. 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.