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

StockNews.com started coverage on shares of Mannatech (NASDAQ:MTEX) in a research report released on Monday. The brokerage issued a buy rating on the stock.

Mannatech Stock Down 0.6 %

NASDAQ MTEX opened at $10.90 on Monday. The company has a quick ratio of 0.74, a current ratio of 1.25 and a debt-to-equity ratio of 0.44. The company has a fifty day moving average of $12.18 and a two-hundred day moving average of $9.90. The firm has a market capitalization of $20.55 million, a price-to-earnings ratio of -13.46 and a beta of 1.06. Mannatech has a 52 week low of $6.75 and a 52 week high of $16.49.

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.