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

StockNews.com started coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a research report released on Tuesday. The firm issued a buy rating on the stock.

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

Natural Alternatives International Stock Performance

NASDAQ NAII opened at $6.68 on Tuesday. Natural Alternatives International has a 52-week low of $5.06 and a 52-week high of $9.44. The company has a 50-day simple moving average of $6.18 and a 200 day simple moving average of $6.24. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.59 and a current ratio of 4.06. The company has a market capitalization of $40.67 million, a PE ratio of -9.54 and a beta of 0.58.

Natural Alternatives International (NASDAQ:NAII) last posted 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 return on equity of 4.70% and a negative net margin of 3.22%. The company had revenue of $25.20 million for the quarter.

Hedge Funds Weigh In On Natural Alternatives International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC boosted its position in Natural Alternatives International by 2.5% during the second quarter. Renaissance Technologies LLC now owns 429,754 shares of the company’s stock worth $4,487,000 after purchasing an additional 10,456 shares during the period. Bridgeway Capital Management LLC boosted its position in Natural Alternatives International by 1.4% during the fourth quarter. Bridgeway Capital Management LLC now owns 121,663 shares of the company’s stock worth $781,000 after purchasing an additional 1,728 shares during the period. Northern Trust Corp boosted its position in Natural Alternatives International by 117.4% during the fourth quarter. Northern Trust Corp now owns 27,887 shares of the company’s stock worth $182,000 after purchasing an additional 15,062 shares during the period. BlackRock Inc. boosted its position in Natural Alternatives International by 32.8% during the second quarter. BlackRock Inc. now owns 16,970 shares of the company’s stock worth $122,000 after purchasing an additional 4,192 shares during the period. Finally, Royal Bank of Canada boosted its position in Natural Alternatives International by 49.4% during the second quarter. Royal Bank of Canada now owns 15,563 shares of the company’s stock worth $112,000 after purchasing an additional 5,148 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.