Natural Alternatives International (NASDAQ:NAII) Now Covered by StockNews.com

Stock analysts at StockNews.com assumed coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research report issued to clients and investors on Tuesday. The brokerage set a “buy” rating on the stock.

Separately, TheStreet downgraded shares of Natural Alternatives International from a “c” rating to a “d” rating in a research report on Tuesday, February 13th.

Natural Alternatives International Stock Performance

NASDAQ:NAII opened at $6.50 on Tuesday. The company has a current ratio of 4.06, a quick ratio of 2.59 and a debt-to-equity ratio of 0.11. Natural Alternatives International has a 12 month low of $5.06 and a 12 month high of $9.44. The company has a market cap of $39.59 million, a PE ratio of -9.29 and a beta of 0.58. The company has a 50 day simple moving average of $6.16 and a two-hundred day simple moving average of $6.24.

Natural Alternatives International (NASDAQ:NAII) last issued its quarterly earnings data on Tuesday, February 13th. The company reported ($0.52) earnings per share (EPS) for the quarter. Natural Alternatives International had a negative net margin of 3.22% and a negative return on equity of 4.70%. The business had revenue of $25.20 million for the quarter.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. State Street Corp boosted its holdings in Natural Alternatives International by 12.4% in the 1st 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. Bridgeway Capital Management LLC boosted its holdings in Natural Alternatives International by 1.4% in the 4th quarter. Bridgeway Capital Management LLC now owns 121,663 shares of the company’s stock worth $781,000 after buying an additional 1,728 shares during the period. BlackRock Inc. boosted its holdings in Natural Alternatives International by 32.8% in the 2nd quarter. BlackRock Inc. now owns 16,970 shares of the company’s stock worth $122,000 after buying an additional 4,192 shares during the period. Royal Bank of Canada boosted its holdings in Natural Alternatives International by 49.4% in the 2nd quarter. Royal Bank of Canada now owns 15,563 shares of the company’s stock worth $112,000 after buying an additional 5,148 shares during the period. Finally, Renaissance Technologies LLC boosted its holdings in Natural Alternatives International by 2.5% in the 2nd quarter. Renaissance Technologies LLC now owns 429,754 shares of the company’s stock worth $4,487,000 after buying an additional 10,456 shares during the period. Institutional investors own 32.40% of the company’s stock.

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.