Shares of Mannatech, Incorporated (NASDAQ:MTEX – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.72 and traded as low as $8.07. Mannatech shares last traded at $8.07, with a volume of 356 shares.
Analyst Ratings Changes
Separately, StockNews.com initiated coverage on shares of Mannatech in a research note on Wednesday, April 24th. They set a “buy” rating on the stock.
Get Our Latest Analysis on MTEX
Mannatech Price Performance
Mannatech (NASDAQ:MTEX – Get Free Report) last posted its quarterly earnings results on Thursday, March 28th. The company reported ($0.94) EPS for the quarter. Mannatech had a negative return on equity of 19.19% and a negative net margin of 1.70%. The business had revenue of $32.69 million for the quarter.
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.
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