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

Investment analysts at StockNews.com assumed coverage on shares of Mannatech (NASDAQ:MTEX) in a report issued on Sunday. The brokerage set a “buy” rating on the stock.

Mannatech Stock Performance

NASDAQ:MTEX opened at $10.97 on Friday. The business’s fifty day moving average is $12.23 and its 200 day moving average is $9.69. The firm has a market cap of $20.68 million, a price-to-earnings ratio of -13.54 and a beta of 1.02. 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 52-week low of $6.75 and a 52-week high of $16.49.

Mannatech Company Profile

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.