StockNews.com initiated coverage on shares of Mannatech (NASDAQ:MTEX – Get Free Report) in a note issued to investors on Thursday. The firm set a “buy” rating on the stock.
Mannatech Trading Up 2.1 %
NASDAQ MTEX opened at $7.88 on Thursday. The company has a quick ratio of 0.62, a current ratio of 1.17 and a debt-to-equity ratio of 0.54. Mannatech has a twelve month low of $6.75 and a twelve month high of $10.51. The firm has a market capitalization of $14.85 million, a PE ratio of -8.85 and a beta of 1.17. The stock’s 50 day moving average is $7.48 and its 200 day moving average is $7.60.
Mannatech (NASDAQ:MTEX – Get Free Report) last released its quarterly earnings results on Tuesday, August 13th. The company reported ($0.33) earnings per share for the quarter. Mannatech had a negative net margin of 0.97% and a negative return on equity of 11.87%. The firm had revenue of $27.74 million for the quarter.
Insider Activity at Mannatech
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.
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