StockNews.com Begins Coverage on Mannatech (NASDAQ:MTEX)

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

Mannatech Stock Down 0.4 %

Mannatech stock opened at $8.96 on Wednesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 1.25. Mannatech has a one year low of $6.75 and a one year high of $16.49. The company has a 50-day simple moving average of $11.13 and a 200-day simple moving average of $10.05. The firm has a market capitalization of $16.90 million, a P/E ratio of -11.07 and a beta of 1.06.

Mannatech (NASDAQ:MTEX) last posted its earnings results on Wednesday, March 26th. The company reported $1.20 EPS for the quarter. The firm had revenue of $29.01 million during 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.