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

Stock analysts at StockNews.com initiated 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 Price Performance

Shares of NASDAQ:NAII opened at $4.28 on Wednesday. The company has a quick ratio of 1.50, a current ratio of 2.56 and a debt-to-equity ratio of 0.11. The stock has a market cap of $26.54 million, a PE ratio of -2.97 and a beta of 0.61. The company’s fifty day moving average is $4.29 and its 200 day moving average is $4.97. Natural Alternatives International has a 52 week low of $4.02 and a 52 week high of $7.26.

Institutional Investors Weigh In On Natural Alternatives International

An institutional investor recently raised its position in Natural Alternatives International stock. Geode Capital Management LLC grew its stake in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 45,062 shares of the company’s stock after purchasing an additional 2,915 shares during the quarter. Geode Capital Management LLC owned approximately 0.73% of Natural Alternatives International worth $258,000 at the end of the most recent quarter. Institutional investors and hedge funds 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.