Natural Alternatives International (NASDAQ:NAII) Earns Buy Rating from Analysts at StockNews.com

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

Natural Alternatives International Stock Up 0.2 %

NAII stock opened at $4.29 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. Natural Alternatives International has a 52 week low of $4.02 and a 52 week high of $7.26. The stock has a market capitalization of $26.60 million, a PE ratio of -2.98 and a beta of 0.61. The firm has a 50 day moving average of $4.29 and a 200 day moving average of $4.96.

Hedge Funds Weigh In On Natural Alternatives International

A hedge fund recently raised its stake in Natural Alternatives International stock. Geode Capital Management LLC boosted its position in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 45,062 shares of the company’s stock after acquiring an additional 2,915 shares during the quarter. Geode Capital Management LLC owned about 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.