Mannatech (NASDAQ:MTEX) Earns Buy Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Mannatech (NASDAQ:MTEXFree Report) in a report published on Sunday morning. The firm issued a buy rating on the stock.

Mannatech Stock Down 4.5 %

MTEX opened at $15.01 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 1.25. The company has a market cap of $28.29 million, a price-to-earnings ratio of -18.53 and a beta of 1.04. Mannatech has a one year low of $6.75 and a one year high of $15.83. The business’s fifty day moving average is $10.21 and its two-hundred day moving average is $8.39.

Mannatech (NASDAQ:MTEXGet Free Report) last released its quarterly earnings data on Tuesday, November 12th. The company reported ($0.17) EPS for the quarter. Mannatech had a negative return on equity of 15.62% and a negative net margin of 1.26%. The business had revenue of $31.73 million during 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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