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

Equities researchers at StockNews.com initiated coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research note issued to investors on Sunday. The brokerage set a “buy” rating on the stock.

Natural Alternatives International Trading Down 1.2 %

Shares of NAII stock opened at $4.27 on Friday. The company has a current ratio of 2.56, a quick ratio of 1.50 and a debt-to-equity ratio of 0.11. Natural Alternatives International has a twelve month low of $4.02 and a twelve month high of $7.26. The company’s 50-day moving average price is $4.38 and its 200-day moving average price is $5.17. The stock has a market cap of $26.47 million, a price-to-earnings ratio of -2.97 and a beta of 0.61.

Institutional Trading of Natural Alternatives International

An institutional investor recently raised its position in Natural Alternatives International stock. Geode Capital Management LLC boosted its holdings in Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund 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 reporting period. 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.