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

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

Mannatech Stock Down 1.7 %

Shares of MTEX opened at $8.20 on Wednesday. Mannatech has a 52 week low of $7.50 and a 52 week high of $15.10. The company has a current ratio of 1.07, a quick ratio of 0.51 and a debt-to-equity ratio of 0.09. The stock has a fifty day moving average of $8.59 and a 200-day moving average of $8.77.

Mannatech (NASDAQ:MTEXGet Free Report) last posted its quarterly earnings data on Thursday, March 28th. The company reported ($0.94) earnings per share for the quarter. The company had revenue of $32.69 million during the quarter. Mannatech had a negative net margin of 1.70% and a negative return on equity of 19.19%.

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.

Further Reading

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