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

StockNews.com began coverage on shares of Mannatech (NASDAQ:MTEX) in a report released on Sunday. The firm set a “buy” rating on the stock.

Mannatech Trading Up 1.8 %

NASDAQ:MTEX opened at $11.30 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 1.25. Mannatech has a one year low of $6.75 and a one year high of $16.49. The business’s 50-day simple moving average is $12.23 and its 200 day simple moving average is $9.65. The stock has a market cap of $21.30 million, a price-to-earnings ratio of -13.95 and a beta of 1.02.

Mannatech Company Profile

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.