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 released on Friday morning. The brokerage issued a buy rating on the stock.

Natural Alternatives International Stock Performance

Shares of NASDAQ NAII opened at $4.53 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.59 and a current ratio of 2.63. The firm has a market cap of $28.09 million, a price-to-earnings ratio of -3.68 and a beta of 0.56. The business’s 50-day simple moving average is $5.52 and its 200-day simple moving average is $5.91. Natural Alternatives International has a 52 week low of $4.13 and a 52 week high of $7.37.

Natural Alternatives International (NASDAQ:NAII) last announced its quarterly earnings data on Friday, September 27th. The company reported ($0.32) earnings per share for the quarter. The firm had revenue of $29.49 million for the quarter. Natural Alternatives International had a negative return on equity of 8.47% and a negative net margin of 6.34%.

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.