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

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

Mannatech Trading Down 3.7 %

NASDAQ MTEX opened at $11.44 on Friday. The company has a current ratio of 1.25, a quick ratio of 0.74 and a debt-to-equity ratio of 0.44. The business has a fifty day simple moving average of $8.82 and a 200 day simple moving average of $7.88. Mannatech has a 12 month low of $6.75 and a 12 month high of $13.00. The firm has a market capitalization of $21.56 million, a P/E ratio of -14.12 and a beta of 1.18.

Mannatech (NASDAQ:MTEXGet Free Report) last announced its earnings results on Tuesday, November 12th. The company reported ($0.17) EPS for the quarter. Mannatech had a negative net margin of 1.26% and a negative return on equity of 15.62%. The firm had revenue of $31.73 million during the quarter.

Mannatech Company Profile

(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.

Further Reading

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