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

StockNews.com started coverage on shares of Mannatech (NASDAQ:MTEXFree Report) in a report published on Friday morning. The firm issued a buy rating on the stock.

Mannatech Trading Up 19.0 %

Shares of NASDAQ:MTEX opened at $9.96 on Friday. The firm has a market cap of $18.93 million, a price-to-earnings ratio of -12.30 and a beta of 0.98. Mannatech has a 12 month low of $6.75 and a 12 month high of $16.49. The company’s fifty day simple moving average is $10.31 and its 200 day simple moving average is $10.12. The company has a quick ratio of 0.74, a current ratio of 1.25 and a debt-to-equity ratio of 0.44.

Mannatech (NASDAQ:MTEXGet Free Report) last released its quarterly earnings results on Wednesday, March 26th. The company reported $1.20 earnings per share (EPS) for the quarter. The firm had revenue of $29.01 million for the quarter. Mannatech had a negative return on equity of 15.62% and a negative net margin of 1.26%.

Mannatech Company Profile

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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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