Research analysts at StockNews.com began coverage on shares of Mannatech (NASDAQ:MTEX – Get Free Report) in a report released on Friday. The firm set a “buy” rating on the stock.
Mannatech Stock Up 3.8 %
Shares of MTEX opened at $11.87 on Friday. The company has a market capitalization of $22.37 million, a P/E ratio of -14.65 and a beta of 1.18. Mannatech has a one year low of $6.75 and a one year high of $13.00. The business’s 50 day simple moving average is $8.98 and its 200-day simple moving average is $7.94. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.25 and a quick ratio of 0.74.
Mannatech (NASDAQ:MTEX – Get Free Report) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($0.17) EPS for the quarter. Mannatech had a negative return on equity of 15.62% and a negative net margin of 1.26%. The business had revenue of $31.73 million during the quarter.
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.
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