StockNews.com Begins Coverage on Natural Alternatives International (NASDAQ:NAII)

Investment analysts at StockNews.com started coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research note issued on Wednesday. The brokerage set a “buy” rating on the stock.

Natural Alternatives International Stock Performance

NAII stock opened at $4.26 on Wednesday. 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 1 year low of $4.02 and a 1 year high of $7.26. The company has a market cap of $26.41 million, a P/E ratio of -2.96 and a beta of 0.61. The stock’s fifty day moving average price is $4.29 and its 200-day moving average price is $4.98.

Hedge Funds Weigh In On Natural Alternatives International

A hedge fund recently raised its stake in Natural Alternatives International stock. Geode Capital Management LLC lifted its stake in Natural Alternatives International, Inc. (NASDAQ:NAII) by 6.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,062 shares of the company’s stock after purchasing 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. 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.