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

Research analysts at StockNews.com initiated coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research note issued on Friday. The firm set a “buy” rating on the stock.

Natural Alternatives International Stock Down 2.4 %

NAII opened at $4.15 on Friday. The firm’s 50 day simple moving average is $4.24 and its two-hundred day simple moving average is $4.85. 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 has a market capitalization of $25.73 million, a PE ratio of -2.88 and a beta of 0.62. Natural Alternatives International has a 1-year low of $4.02 and a 1-year high of $7.26.

Natural Alternatives International (NASDAQ:NAII) last announced its quarterly earnings data on Friday, February 14th. The company reported ($0.37) earnings per share (EPS) for the quarter. The firm had revenue of $34.08 million during the quarter. Natural Alternatives International had a negative return on equity of 10.23% and a negative net margin of 7.53%.

Hedge Funds Weigh In On Natural Alternatives International

Several institutional investors have recently bought and sold shares of the stock. Northern Trust Corp lifted its position in Natural Alternatives International by 54.3% during the fourth quarter. Northern Trust Corp now owns 37,633 shares of the company’s stock valued at $162,000 after purchasing an additional 13,238 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of 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 during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Natural Alternatives International by 0.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 429,043 shares of the company’s stock worth $1,841,000 after acquiring an additional 2,371 shares during the last quarter. 32.40% of the stock is owned by hedge funds and other institutional investors.

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.