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

Stock analysts at StockNews.com began coverage on shares of Mannatech (NASDAQ:MTEXGet Free Report) in a research note issued to investors on Friday. The firm set a “buy” rating on the stock.

Mannatech Price Performance

Shares of NASDAQ:MTEX opened at $6.75 on Friday. The business’s fifty day moving average price is $7.59 and its two-hundred day moving average price is $8.29. The stock has a market cap of $12.72 million, a PE ratio of -7.58 and a beta of 1.17. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.56 and a current ratio of 1.08. Mannatech has a one year low of $6.75 and a one year high of $15.10.

Mannatech (NASDAQ:MTEXGet Free Report) last announced its earnings results on Tuesday, May 14th. The company reported $0.63 EPS for the quarter. The firm had revenue of $29.39 million for the quarter. Mannatech had a negative return on equity of 15.37% and a negative net margin of 1.31%.

About Mannatech

(Get Free Report)

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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