Mannatech (NASDAQ:MTEX) Coverage Initiated by Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Mannatech (NASDAQ:MTEX) in a report issued on Monday. The firm set a “buy” rating on the stock.

Mannatech Price Performance

Shares of Mannatech stock opened at $11.63 on Monday. The firm has a market capitalization of $21.92 million, a PE ratio of -14.36 and a beta of 1.06. The company has a current ratio of 1.25, a quick ratio of 0.74 and a debt-to-equity ratio of 0.44. Mannatech has a 12 month low of $6.75 and a 12 month high of $16.49. The business’s 50-day moving average price is $12.21 and its 200-day moving average price is $9.87.

About Mannatech

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.