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

StockNews.com assumed coverage on shares of Natural Alternatives International (NASDAQ:NAII) in a note issued to investors on Monday. The firm set a “buy” rating on the stock.

Separately, TheStreet cut Natural Alternatives International from a “c” rating to a “d” rating in a research note on Tuesday, February 13th.

Natural Alternatives International Price Performance

Shares of NASDAQ:NAII opened at $6.62 on Monday. The stock has a fifty day simple moving average of $6.10 and a two-hundred day simple moving average of $6.22. The stock has a market capitalization of $40.31 million, a price-to-earnings ratio of -9.46 and a beta of 0.58. Natural Alternatives International has a 12-month low of $5.06 and a 12-month high of $9.44. 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 (NASDAQ:NAII) last announced its quarterly earnings data on Tuesday, February 13th. The company reported ($0.52) earnings per share (EPS) for the quarter. The company had revenue of $25.20 million for the quarter. Natural Alternatives International had a negative net margin of 3.22% and a negative return on equity of 4.70%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. State Street Corp raised its stake in shares of Natural Alternatives International by 12.4% in the first quarter. State Street Corp now owns 11,963 shares of the company’s stock worth $138,000 after purchasing an additional 1,321 shares during the last quarter. Bridgeway Capital Management LLC raised its stake in shares of Natural Alternatives International by 1.4% in 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 last quarter. BlackRock Inc. raised its stake in shares of Natural Alternatives International by 32.8% in 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 last quarter. Royal Bank of Canada raised its stake in shares of Natural Alternatives International by 49.4% in 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 last quarter. Finally, Renaissance Technologies LLC raised 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 worth $4,487,000 after purchasing an additional 10,456 shares during the last quarter. Hedge funds and other institutional investors own 32.40% of the company’s stock.

About Natural Alternatives International

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.