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

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

Mannatech Stock Up 0.1 %

Shares of NASDAQ MTEX opened at $9.81 on Tuesday. The company’s 50-day simple moving average is $11.74 and its 200-day simple moving average is $10.00. Mannatech has a 52-week low of $6.75 and a 52-week high of $16.49. The firm has a market cap of $18.49 million, a price-to-earnings ratio of -12.11 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 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.