Mannatech (NASDAQ:MTEX – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $1.20 earnings per share (EPS) for the quarter, Zacks reports. Mannatech had a negative net margin of 1.26% and a negative return on equity of 15.62%.
Mannatech Stock Performance
NASDAQ MTEX opened at $8.88 on Thursday. The stock has a market capitalization of $16.74 million, a price-to-earnings ratio of -10.96 and a beta of 1.06. The business’s 50 day moving average is $11.25 and its two-hundred day moving average is $10.07. Mannatech has a 12-month low of $6.75 and a 12-month high of $16.49. The company has a current ratio of 1.25, a quick ratio of 0.74 and a debt-to-equity ratio of 0.44.
Wall Street Analysts Forecast Growth
Separately, StockNews.com initiated coverage on shares of Mannatech in a research note on Wednesday. They set a “buy” rating on the stock.
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.
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