StockNews.com started coverage on shares of Mannatech (NASDAQ:MTEX – Free Report) in a research note published on Saturday. The brokerage issued a buy rating on the stock.
Mannatech Trading Up 6.0 %
Mannatech stock opened at $11.00 on Friday. Mannatech has a one year low of $6.75 and a one year high of $13.00. The company’s fifty day moving average price is $9.28 and its two-hundred day moving average price is $8.05. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.25 and a quick ratio of 0.74. The company has a market capitalization of $20.74 million, a price-to-earnings ratio of -13.58 and a beta of 1.18.
Mannatech (NASDAQ:MTEX – Get Free Report) last issued its quarterly earnings data 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.
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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