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

StockNews.com assumed coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research report issued on Monday. The brokerage set a “buy” rating on the stock.

Natural Alternatives International Price Performance

Shares of NASDAQ:NAII opened at $3.28 on Monday. The company has a quick ratio of 1.50, a current ratio of 2.70 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $20.33 million, a PE ratio of -2.54 and a beta of 0.60. The firm’s 50 day moving average price is $4.16 and its 200-day moving average price is $4.68. Natural Alternatives International has a twelve month low of $3.27 and a twelve month high of $7.26.

Natural Alternatives International (NASDAQ:NAII) last announced its earnings results on Friday, February 14th. The company reported ($0.37) EPS for the quarter. The business had revenue of $34.08 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

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Citadel Advisors LLC bought a new position in shares of Natural Alternatives International in the fourth quarter worth about $61,000. Northern Trust Corp increased its holdings in Natural Alternatives International by 54.3% in the 4th 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 increased its holdings in Natural Alternatives International by 6.9% in the 3rd 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 bought a new stake in Natural Alternatives International during the 4th quarter worth approximately $1,293,000. Finally, Dimensional Fund Advisors LP lifted its holdings in Natural Alternatives International by 0.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock valued at $1,841,000 after purchasing an additional 2,371 shares in the last quarter. 32.40% of the stock is currently owned by hedge funds and other 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.