Mannatech (NASDAQ:MTEX) Posts Quarterly Earnings Results

Mannatech (NASDAQ:MTEX) released its quarterly earnings data on Wednesday. The company reported $1.20 EPS for the quarter, Zacks reports. Mannatech had a negative return on equity of 15.62% and a negative net margin of 1.26%.

Mannatech Stock Down 5.7 %

Shares of NASDAQ MTEX opened at $8.88 on Thursday. The business has a 50-day moving average price of $11.25 and a 200 day moving average price of $10.07. The stock has a market cap of $16.74 million, a PE ratio of -10.96 and a beta of 1.06. 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 has a 52-week low of $6.75 and a 52-week high of $16.49.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Mannatech in a report on Wednesday. They set a “buy” rating on the stock.

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.