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

Investment analysts at StockNews.com began coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research report issued to clients and investors on Tuesday. The firm set a “buy” rating on the stock.

Natural Alternatives International Stock Performance

Shares of NAII opened at $3.23 on Tuesday. Natural Alternatives International has a one year low of $2.57 and a one year high of $7.26. The company has a 50-day moving average of $3.18 and a two-hundred day moving average of $3.90. The stock has a market cap of $20.02 million, a price-to-earnings ratio of -2.50 and a beta of 0.59. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.70 and a quick ratio of 1.50.

Natural Alternatives International (NASDAQ:NAII) last announced its earnings results on Wednesday, May 14th. The company reported ($0.37) EPS for the quarter. Natural Alternatives International had a negative return on equity of 9.36% and a negative net margin of 6.26%.

Institutional Trading of Natural Alternatives International

Hedge funds have recently made changes to their positions in the stock. Citadel Advisors LLC purchased a new stake in shares of Natural Alternatives International in the fourth quarter worth approximately $61,000. Northern Trust Corp lifted its position in shares of Natural Alternatives International by 54.3% in the fourth quarter. Northern Trust Corp now owns 37,633 shares of the company’s stock worth $162,000 after purchasing 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% in the third 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 in the last quarter. Mink Brook Asset Management LLC purchased a new stake in shares of Natural Alternatives International in the fourth quarter worth approximately $1,293,000. Finally, Dimensional Fund Advisors LP lifted its position 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 purchasing an additional 2,371 shares in the last quarter. 32.40% of the stock is owned by hedge funds and other institutional investors.

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.