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

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

Natural Alternatives International Stock Performance

NASDAQ NAII opened at $3.28 on Wednesday. The company has a market cap of $20.33 million, a P/E ratio of -2.54 and a beta of 0.59. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.50 and a current ratio of 2.70. The business’s 50 day moving average price is $3.16 and its 200-day moving average price is $3.86. Natural Alternatives International has a fifty-two week low of $2.57 and a fifty-two week high of $6.88.

Natural Alternatives International (NASDAQ:NAII) last released its earnings results on Wednesday, May 14th. The company reported ($0.37) earnings per share for the quarter. The company had revenue of $28.77 million for the quarter. Natural Alternatives International had a negative net margin of 6.26% and a negative return on equity of 9.36%.

Hedge Funds Weigh In On Natural Alternatives International

A number of large investors have recently bought and sold shares of the business. EP Wealth Advisors LLC purchased a new position in Natural Alternatives International during the 1st quarter valued at $48,000. Mink Brook Asset Management LLC purchased a new position in Natural Alternatives International during the 4th quarter valued at $1,293,000. Citadel Advisors LLC purchased a new position in Natural Alternatives International during the 4th quarter valued at $61,000. Northern Trust Corp boosted its holdings in 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 during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in Natural Alternatives International by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock valued at $1,841,000 after acquiring an additional 2,371 shares during the period. Hedge funds and other institutional investors own 32.40% of the company’s stock.

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.