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

Posted by Matthew Steigler on Dec 13th, 2024

StockNews.com initiated coverage on shares of Natural Alternatives International (NASDAQ:NAII – Free Report) in a report published on Thursday morning. The brokerage issued a buy rating on the stock.

Natural Alternatives International Stock Up 3.1 %

Shares of NAII stock opened at $4.38 on Thursday. Natural Alternatives International has a 52-week low of $4.11 and a 52-week high of $7.26. The firm’s 50-day moving average is $4.48 and its 200-day moving average is $5.45. The company has a quick ratio of 1.50, a current ratio of 2.56 and a debt-to-equity ratio of 0.11.

Natural Alternatives International (NASDAQ:NAII – Get Free Report) last released its quarterly earnings data on Friday, September 27th. The company reported ($0.32) earnings per share (EPS) for the quarter. Natural Alternatives International had a negative net margin of 7.53% and a negative return on equity of 10.23%. The business had revenue of $29.49 million during the quarter.

Hedge Funds Weigh In On Natural Alternatives International

A hedge fund recently raised its stake in Natural Alternatives International stock. Geode Capital Management LLC lifted its stake in shares of 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 SEC. The fund owned 45,062 shares of the company’s stock after buying an additional 2,915 shares during the quarter. Geode Capital Management LLC owned about 0.73% of Natural Alternatives International worth $258,000 as of its most recent SEC filing. 32.40% of the stock is owned by hedge funds and other institutional investors.

About Natural Alternatives International

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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.