Mannatech (NASDAQ:MTEX) Coverage Initiated by Analysts at StockNews.com

by · The Markets Daily

StockNews.com initiated coverage on shares of Mannatech (NASDAQ:MTEX – Free Report) in a report issued on Thursday. The firm issued a buy rating on the stock.

Mannatech Trading Down 2.3 %

Shares of MTEX stock opened at $6.79 on Thursday. Mannatech has a 12-month low of $6.75 and a 12-month high of $15.10. The company has a market capitalization of $12.80 million, a PE ratio of -7.63 and a beta of 1.17. The firm has a 50 day moving average price of $7.71 and a two-hundred day moving average price of $8.33. The company has a quick ratio of 0.56, a current ratio of 1.08 and a debt-to-equity ratio of 0.09.

Mannatech (NASDAQ:MTEX – Get Free Report) last released its quarterly earnings results on Tuesday, May 14th. The company reported $0.63 earnings per share for the quarter. Mannatech had a negative return on equity of 15.37% and a negative net margin of 1.31%. The business had revenue of $29.39 million during the quarter.

About Mannatech

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Mannatech, Incorporated operates as a health and wellness company in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company develops, markets, and sells nutritional supplements; topical and skin care, and anti-aging products; and weight-management and fitness products. It primarily sells its products directly, as well as through e-commerce and network marketing channels.

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