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

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

Natural Alternatives International Trading Up 1.4 %

NASDAQ NAII opened at $3.50 on Wednesday. The stock has a market cap of $21.70 million, a PE ratio of -2.71 and a beta of 0.60. Natural Alternatives International has a 12 month low of $3.27 and a 12 month high of $7.26. The company’s 50-day moving average price is $3.96 and its 200-day moving average price is $4.47. The company has a current ratio of 2.70, a quick ratio of 1.50 and a debt-to-equity ratio of 0.11.

Natural Alternatives International (NASDAQ:NAII) last issued its earnings results on Friday, February 14th. The company reported ($0.37) EPS for the quarter. The company had revenue of $34.08 million during the quarter. Natural Alternatives International had a negative return on equity of 9.36% and a negative net margin of 6.26%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Citadel Advisors LLC bought a new position in shares of Natural Alternatives International during the 4th quarter worth $61,000. Northern Trust Corp lifted its stake in Natural Alternatives International by 54.3% in the fourth quarter. Northern Trust Corp now owns 37,633 shares of the company’s stock worth $162,000 after acquiring an additional 13,238 shares during the period. Geode Capital Management LLC grew its holdings in Natural Alternatives International by 6.9% during 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 purchased a new position in Natural Alternatives International during the 4th quarter valued at about $1,293,000. Finally, Dimensional Fund Advisors LP raised 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 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.