Natural Alternatives International (NASDAQ:NAII) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a report published on Sunday morning. The brokerage issued a buy rating on the stock.

Natural Alternatives International Stock Up 0.9 %

NAII stock opened at $4.32 on Friday. The company has a current ratio of 2.56, a quick ratio of 1.50 and a debt-to-equity ratio of 0.11. The company’s 50-day moving average price is $4.38 and its 200 day moving average price is $5.18. Natural Alternatives International has a 52 week low of $4.02 and a 52 week high of $7.26. The company has a market cap of $26.78 million, a P/E ratio of -3.00 and a beta of 0.61.

Institutional Investors Weigh In On Natural Alternatives International

A hedge fund recently raised its stake in Natural Alternatives International stock. Geode Capital Management LLC raised its holdings in Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 45,062 shares of the company’s stock after purchasing an additional 2,915 shares during the period. Geode Capital Management LLC owned 0.73% of Natural Alternatives International worth $258,000 at the end of the most recent reporting period. Hedge funds and other institutional investors 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.