Mannatech (NASDAQ:MTEX) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Mannatech (NASDAQ:MTEX) in a report published on Wednesday morning. The brokerage issued a buy rating on the stock.

Mannatech Stock Up 1.5 %

Shares of Mannatech stock opened at $12.04 on Wednesday. The company’s 50 day moving average price is $11.70 and its 200-day moving average price is $9.02. Mannatech has a 52-week low of $6.75 and a 52-week high of $16.49. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 1.25. The stock has a market capitalization of $22.70 million, a price-to-earnings ratio of -14.86 and a beta of 1.04.

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

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.