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

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

Natural Alternatives International Price Performance

Shares of NASDAQ NAII opened at $4.21 on Friday. The stock has a fifty day simple moving average of $4.23 and a two-hundred day simple moving average of $4.79. Natural Alternatives International has a 1-year low of $4.02 and a 1-year high of $7.26. The firm has a market cap of $26.10 million, a price-to-earnings ratio of -3.26 and a beta of 0.62. The company has a current ratio of 2.70, a quick ratio of 1.50 and a debt-to-equity ratio of 0.11.

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

Hedge Funds Weigh In On Natural Alternatives International

Institutional investors and hedge funds have recently bought and sold shares of the company. Citadel Advisors LLC bought a new position in Natural Alternatives International during the fourth quarter valued at $61,000. Northern Trust Corp lifted its position in shares of 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. Geode Capital Management LLC lifted its position in shares of Natural Alternatives International by 6.9% during the third quarter. Geode Capital Management LLC now owns 45,062 shares of the company’s stock worth $258,000 after acquiring an additional 2,915 shares in the last quarter. Mink Brook Asset Management LLC purchased a new stake in shares of Natural Alternatives International during the fourth quarter worth $1,293,000. Finally, Dimensional Fund Advisors LP lifted its position in shares of Natural Alternatives International by 0.6% during 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 owned by 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.