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

Equities researchers at StockNews.com started coverage on shares of Mannatech (NASDAQ:MTEX) in a note issued to investors on Saturday. The firm set a “buy” rating on the stock.

Mannatech Trading Up 6.0 %

Shares of NASDAQ MTEX opened at $11.00 on Friday. The company has a current ratio of 1.25, a quick ratio of 0.74 and a debt-to-equity ratio of 0.44. Mannatech has a one year low of $6.75 and a one year high of $13.00. The business has a 50-day moving average price of $9.28 and a two-hundred day moving average price of $8.05. The firm has a market capitalization of $20.74 million, a PE ratio of -13.58 and a beta of 1.18.

Mannatech (NASDAQ:MTEX) last posted its quarterly earnings results on Tuesday, November 12th. The company reported ($0.17) earnings per share (EPS) for the quarter. Mannatech had a negative return on equity of 15.62% and a negative net margin of 1.26%. The company had revenue of $31.73 million during the quarter.

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.