Mannatech (NASDAQ:MTEX) Now Covered by Analysts at StockNews.com

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

Mannatech Price Performance

NASDAQ:MTEX opened at $9.61 on Wednesday. The firm’s fifty day moving average is $11.31 and its two-hundred day moving average is $10.05. The firm has a market cap of $18.11 million, a price-to-earnings ratio of -11.86 and a beta of 1.06. Mannatech has a one year low of $6.75 and a one year high of $16.49. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 1.25.

About Mannatech

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.