StockNews.com began coverage on shares of Natural Alternatives International (NASDAQ:NAII – Free Report) in a report published on Monday morning. The brokerage issued a buy rating on the stock.
Natural Alternatives International Stock Performance
NASDAQ:NAII opened at $4.25 on Monday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.50 and a current ratio of 2.56. Natural Alternatives International has a fifty-two week low of $4.02 and a fifty-two week high of $7.26. The firm has a market cap of $26.35 million, a PE ratio of -2.95 and a beta of 0.61. The business has a 50 day moving average price of $4.33 and a 200-day moving average price of $5.07.
Institutional Investors Weigh In On Natural Alternatives International
A hedge fund recently raised its stake in Natural Alternatives International stock. Geode Capital Management LLC increased its holdings in Natural Alternatives International, Inc. (NASDAQ:NAII – Free Report) by 6.9% during the 3rd quarter, according to its most recent Form 13F filing 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 approximately 0.73% of Natural Alternatives International worth $258,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 32.40% of the stock is 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.
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