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

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

Natural Alternatives International Price Performance

NASDAQ:NAII opened at $4.22 on Thursday. Natural Alternatives International has a one year low of $4.02 and a one year high of $7.26. The business has a fifty day moving average price of $4.27 and a 200-day moving average price of $4.92. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.50 and a current ratio of 2.56.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Natural Alternatives International stock. Geode Capital Management LLC boosted its position in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,062 shares of the company’s stock after acquiring an additional 2,915 shares during the period. Geode Capital Management LLC owned 0.73% of Natural Alternatives International worth $258,000 at the end of the most recent quarter. 32.40% of the stock is currently 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.