NAII Stock Gains Despite Wider Loss, Cash Still the Focus
Natural Alternatives International Inc. stock gained Wednesday, though the nutritional supplements maker posted a larger fiscal third-quarter loss. Investors looked past the loss, focusing on higher sales, slimmer margins, and news of new refinancing. NAII shares last changed hands at $2.59, about 1.8% higher, with 10,040 shares traded. The company has a market cap close to $15.6 million. NAII is still in micro-cap territory, which means it carries a small market value and usually sees thin trading.