Investment analysts at StockNews.com began coverage on shares of Natural Alternatives International (NASDAQ:NAII – Get Free Report) in a research note issued to investors on Sunday. The brokerage set a “buy” rating on the stock.
Natural Alternatives International Price Performance
Shares of Natural Alternatives International stock opened at $4.27 on Friday. The stock has a market capitalization of $26.47 million, a P/E ratio of -2.97 and a beta of 0.61. The business has a 50 day simple moving average of $4.38 and a two-hundred day simple moving average of $5.17. Natural Alternatives International has a 12 month low of $4.02 and a 12 month high of $7.26. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.56 and a quick ratio of 1.50.
Institutional Investors Weigh In On Natural Alternatives International
An institutional investor recently raised its position in Natural Alternatives International stock. Geode Capital Management LLC raised its holdings in Natural Alternatives International, Inc. (NASDAQ:NAII – Free Report) by 6.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. 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 approximately 0.73% of Natural Alternatives International worth $258,000 at the end of the most recent quarter. 32.40% of the stock is currently owned by hedge funds and other institutional investors.
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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