StockNews.com Initiates Coverage on Mannatech (NASDAQ:MTEX)

StockNews.com began coverage on shares of Mannatech (NASDAQ:MTEX) in a report published on Wednesday morning. The firm issued a buy rating on the stock.

Mannatech Trading Down 3.4 %

Mannatech stock opened at $8.83 on Wednesday. Mannatech has a one year low of $6.75 and a one year high of $16.49. The business’s fifty day moving average is $11.09 and its 200 day moving average is $10.06. The stock has a market capitalization of $16.64 million, a PE ratio of -10.90 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 (NASDAQ:MTEX) last posted its earnings results on Wednesday, March 26th. The company reported $1.20 earnings per share (EPS) for the quarter. Mannatech had a negative net margin of 1.26% and a negative return on equity of 15.62%. The business had revenue of $29.01 million for the quarter.

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.