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

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

Mannatech Stock Performance

NASDAQ MTEX opened at $9.92 on Tuesday. The company has a fifty day moving average price of $11.95 and a 200-day moving average price of $9.96. The firm has a market cap of $18.70 million, a price-to-earnings ratio of -12.25 and a beta of 1.06. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.25 and a quick ratio of 0.74. Mannatech has a 1 year low of $6.75 and a 1 year high of $16.49.

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.