Mannatech (NASDAQ:MTEX – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $1.20 earnings per share (EPS) for the quarter, Zacks reports. Mannatech had a negative net margin of 1.26% and a negative return on equity of 15.62%.
Mannatech Price Performance
NASDAQ:MTEX opened at $9.61 on Wednesday. The business’s 50-day moving average is $11.31 and its 200 day moving average is $10.05. Mannatech has a 12 month low of $6.75 and a 12 month high of $16.49. The company has a market capitalization of $18.11 million, a P/E ratio of -11.86 and a beta of 1.06. The company has a current ratio of 1.25, a quick ratio of 0.74 and a debt-to-equity ratio of 0.44.
Wall Street Analyst Weigh In
Separately, StockNews.com began coverage on shares of Mannatech in a research note on Wednesday. They set a “buy” rating for the company.
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.
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