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

StockNews.com initiated coverage on shares of Mannatech (NASDAQ:MTEX) in a research note issued to investors on Wednesday. The firm issued a buy rating on the stock.

Mannatech Stock Performance

NASDAQ:MTEX opened at $8.16 on Wednesday. The company has a current ratio of 1.07, a quick ratio of 0.51 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average price of $8.63 and a two-hundred day moving average price of $8.78. Mannatech has a twelve month low of $7.50 and a twelve month high of $15.10. The company has a market capitalization of $15.38 million, a P/E ratio of -6.80 and a beta of 1.20.

Mannatech (NASDAQ:MTEX) last issued its quarterly earnings results on Thursday, March 28th. The company reported ($0.94) EPS for the quarter. The firm had revenue of $32.69 million for the quarter. Mannatech had a negative return on equity of 19.19% and a negative net margin of 1.70%.

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.