Mannatech (NASDAQ:MTEX) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?
by Tristan Rich · The Markets DailyMannatech, Incorporated (NASDAQ:MTEX – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $8.21 and traded as low as $5.78. Mannatech shares last traded at $5.78, with a volume of 4,163 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Mannatech in a report on Monday, December 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Mannatech has an average rating of “Sell”.
Read Our Latest Stock Analysis on MTEX
Mannatech Stock Performance
The company has a 50 day simple moving average of $7.02 and a 200-day simple moving average of $8.20. The stock has a market capitalization of $11.01 million, a P/E ratio of -6.73 and a beta of 0.81. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.13 and a quick ratio of 0.56.
Mannatech Company Profile
Mannatech, Inc is a global health and wellness company that develops and markets a range of dietary supplements and personal care products through a direct selling business model. The company’s core focus is on glyconutrients, specialized carbohydrates believed to support cellular communication, which form the basis of many of its flagship offerings. Operating under a network marketing structure, Mannatech empowers independent associates to promote and distribute its products in markets around the world.
The company’s product portfolio includes nutritional supplements aimed at immune support, digestive health, and healthy aging, as well as skincare items designed to promote hydration and skin vitality.