Mannatech (NASDAQ:MTEX) Earns Buy Rating from Analysts at StockNews.com

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

Mannatech Trading Up 27.3 %

MTEX opened at $14.00 on Friday. The firm has a 50 day simple moving average of $9.40 and a 200 day simple moving average of $8.09. Mannatech has a fifty-two week low of $6.75 and a fifty-two week high of $14.00. The company has a market cap of $26.39 million, a price-to-earnings ratio of -17.28 and a beta of 1.18. 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) last issued its earnings results on Tuesday, November 12th. The company reported ($0.17) EPS for the quarter. The business 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.