StockNews.com began coverage on shares of Mannatech (NASDAQ:MTEX – Free Report) in a research note released on Thursday. The firm issued a buy rating on the stock.
Mannatech Stock Up 5.3 %
Shares of NASDAQ:MTEX opened at $8.35 on Thursday. The business has a fifty day moving average price of $10.75 and a two-hundred day moving average price of $10.09. Mannatech has a 1 year low of $6.75 and a 1 year high of $16.49. The company has a market capitalization of $15.87 million, a PE ratio of -10.31 and a beta of 0.98. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.25 and a quick ratio of 0.74.
Mannatech (NASDAQ:MTEX – Get Free Report) last posted its earnings results on Wednesday, March 26th. The company reported $1.20 earnings per share (EPS) for the quarter. The company had revenue of $29.01 million for the quarter. Mannatech had a negative return on equity of 15.62% and a negative net margin of 1.26%.
About Mannatech
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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