Mannatech (NASDAQ:MTEX) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Mannatech (NASDAQ:MTEXFree Report) in a research report released on Monday. The firm issued a buy rating on the stock.

Mannatech Trading Down 0.8 %

Shares of NASDAQ:MTEX opened at $7.61 on Monday. The stock’s 50-day simple moving average is $7.38 and its two-hundred day simple moving average is $8.13. The stock has a market capitalization of $14.31 million, a price-to-earnings ratio of -8.55 and a beta of 1.17. Mannatech has a 52-week low of $6.75 and a 52-week high of $15.10. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.56 and a current ratio of 1.08.

Mannatech (NASDAQ:MTEXGet Free Report) last posted its quarterly earnings data on Tuesday, May 14th. The company reported $0.63 earnings per share (EPS) for the quarter. Mannatech had a negative net margin of 1.31% and a negative return on equity of 15.37%. The company had revenue of $29.39 million for the quarter.

About Mannatech

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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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