Mannatech (NASDAQ:MTEX) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Mannatech (NASDAQ:MTEX) in a research note released on Sunday morning. The brokerage issued a buy rating on the stock.

Mannatech Price Performance

Shares of NASDAQ:MTEX opened at $7.66 on Friday. Mannatech has a fifty-two week low of $7.30 and a fifty-two week high of $15.10. The business has a 50-day moving average of $8.19 and a two-hundred day moving average of $8.57. The stock has a market capitalization of $14.40 million, a P/E ratio of -8.61 and a beta of 1.18. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.08 and a quick ratio of 0.56.

Mannatech (NASDAQ:MTEX) last announced its quarterly earnings results on Thursday, March 28th. The company reported ($0.94) earnings per share for the quarter. Mannatech had a negative return on equity of 15.37% and a negative net margin of 1.31%. The company had revenue of $32.69 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.