Mannatech (NASDAQ:MTEX) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Mannatech (NASDAQ:MTEXFree Report) in a report published on Saturday. The brokerage issued a buy rating on the stock.

Mannatech Stock Performance

Shares of MTEX opened at $11.00 on Friday. Mannatech has a 52 week low of $6.75 and a 52 week high of $13.00. 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 capitalization of $20.74 million, a PE ratio of -13.58 and a beta of 1.18. The company’s 50 day moving average price is $9.28 and its 200 day moving average price is $8.05.

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

Mannatech Company Profile

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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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