Natural Alternatives International (NASDAQ:NAII) Coverage Initiated by Analysts at StockNews.com

Stock analysts at StockNews.com began coverage on shares of Natural Alternatives International (NASDAQ:NAII – Get Rating) in a research note issued to investors on Monday. The brokerage set a “buy” rating on the stock.

Natural Alternatives International Trading Down 1.0 %

Shares of Natural Alternatives International stock opened at $7.80 on Monday. The stock has a 50 day moving average of $8.88 and a 200 day moving average of $8.62. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.46 and a current ratio of 3.40. The firm has a market capitalization of $47.11 million, a price-to-earnings ratio of 5.49 and a beta of 0.64. Natural Alternatives International has a fifty-two week low of $7.04 and a fifty-two week high of $12.60.

Natural Alternatives International (NASDAQ:NAII – Get Rating) last released its quarterly earnings results on Wednesday, February 8th. The company reported $0.31 earnings per share for the quarter. The business had revenue of $42.30 million during the quarter. Natural Alternatives International had a return on equity of 9.60% and a net margin of 4.70%.

Hedge Funds Weigh In On Natural Alternatives International

Large investors have recently made changes to their positions in the stock. Liberty Wealth Management LLC acquired a new stake in Natural Alternatives International in the 1st quarter valued at approximately $136,000. State Street Corp boosted its position in shares of Natural Alternatives International by 12.4% during the first quarter. State Street Corp now owns 11,963 shares of the company’s stock worth $138,000 after buying an additional 1,321 shares during the period. Finally, Renaissance Technologies LLC grew its stake in shares of Natural Alternatives International by 2.5% in the second quarter. Renaissance Technologies LLC now owns 429,754 shares of the company’s stock valued at $4,487,000 after buying an additional 10,456 shares in the last quarter. 26.93% of the stock is currently owned by institutional investors and hedge funds.

About Natural Alternatives International

(Get Rating)

Natural Alternatives International, Inc engages in the manufacturing, distribution, and marketing of vitamins, minerals, herbal, and other nutritional supplements, as well as other health care products. It operates through Private-Label Contract Manufacturing and Royalty, Licensing, and Raw Material Sales segments.