Mannatech (NASDAQ:MTEX) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Mannatech, Incorporated (NASDAQ:MTEXGet Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $9.96 and traded as low as $9.60. Mannatech shares last traded at $9.92, with a volume of 2,823 shares traded.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Mannatech in a research note on Tuesday. They issued a “buy” rating for the company.

View Our Latest Stock Analysis on MTEX

Mannatech Price Performance

The company has a current ratio of 1.25, a quick ratio of 0.74 and a debt-to-equity ratio of 0.44. The company has a market cap of $18.70 million, a P/E ratio of -12.25 and a beta of 1.06. The business’s fifty day moving average is $11.95 and its 200 day moving average is $9.96.

About Mannatech

(Get Free Report)

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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