Mannatech (NASDAQ:MTEX) Now Covered by StockNews.com

Research analysts at StockNews.com started coverage on shares of Mannatech (NASDAQ:MTEX) in a report issued on Monday. The brokerage set a “buy” rating on the stock.

Mannatech Stock Performance

Shares of Mannatech stock opened at $7.67 on Monday. Mannatech has a 12 month low of $6.75 and a 12 month high of $15.10. The firm has a market capitalization of $14.42 million, a P/E ratio of -8.62 and a beta of 1.17. The company has a current ratio of 1.08, a quick ratio of 0.56 and a debt-to-equity ratio of 0.09. The business has a fifty day simple moving average of $7.38 and a two-hundred day simple moving average of $8.14.

Mannatech (NASDAQ:MTEX) last issued its quarterly earnings results 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 during 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.