Natural Alternatives International (NASDAQ:NAII) Earns Buy Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research report report published on Thursday. The brokerage issued a buy rating on the stock.

Natural Alternatives International Stock Down 1.8 %

Shares of NASDAQ:NAII opened at $4.30 on Thursday. The firm has a fifty day moving average price of $4.48 and a two-hundred day moving average price of $5.43. The company has a market cap of $26.66 million, a price-to-earnings ratio of -2.99 and a beta of 0.60. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.56 and a quick ratio of 1.50. Natural Alternatives International has a one year low of $4.11 and a one year high of $7.26.

Natural Alternatives International (NASDAQ:NAII) last issued its quarterly earnings data on Friday, September 27th. The company reported ($0.32) earnings per share (EPS) for the quarter. Natural Alternatives International had a negative return on equity of 10.23% and a negative net margin of 7.53%. The business had revenue of $29.49 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Natural Alternatives International stock. Geode Capital Management LLC raised its stake in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,062 shares of the company’s stock after purchasing an additional 2,915 shares during the quarter. Geode Capital Management LLC owned 0.73% of Natural Alternatives International worth $258,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds 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.