StockNews.com started coverage on shares of Natural Alternatives International (NASDAQ:NAII – Free Report) in a research report released on Tuesday morning. The brokerage issued a buy rating on the stock.
Natural Alternatives International Price Performance
Shares of NAII opened at $4.25 on Tuesday. The company’s 50-day moving average is $4.30 and its 200-day moving average is $5.02. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.56 and a quick ratio of 1.50. The firm has a market capitalization of $26.35 million, a PE ratio of -2.95 and a beta of 0.61. Natural Alternatives International has a fifty-two week low of $4.02 and a fifty-two week high of $7.26.
Institutional Investors Weigh In On Natural Alternatives International
A hedge fund recently raised its stake in Natural Alternatives International stock. Geode Capital Management LLC increased its holdings in shares of Natural Alternatives International, Inc. (NASDAQ:NAII – Free Report) by 6.9% during 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 acquiring an additional 2,915 shares during the quarter. Geode Capital Management LLC owned about 0.73% of Natural Alternatives International worth $258,000 as of its most recent filing with the SEC. 32.40% of the stock is currently owned by institutional investors and hedge funds.
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.
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