Separately, TheStreet lowered shares of Mannatech from a b rating to a c+ rating in a report on Tuesday, June 7th.
Mannatech Stock Performance
MTEX stock opened at $20.16 on Friday. Mannatech has a 52 week low of $15.49 and a 52 week high of $43.10. The firm’s fifty day moving average is $20.18 and its 200 day moving average is $26.26. The firm has a market cap of $38.51 million, a P/E ratio of 6.52 and a beta of 1.14.
Mannatech Announces Dividend
Institutional Investors Weigh In On Mannatech
An institutional investor recently raised its position in Mannatech stock. LSV Asset Management boosted its position in Mannatech, Incorporated (NASDAQ:MTEX – Get Rating) by 1,090.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,142 shares of the company’s stock after acquiring an additional 6,542 shares during the period. LSV Asset Management owned 0.37% of Mannatech worth $261,000 at the end of the most recent reporting period. 23.74% of the stock is owned by institutional investors and hedge funds.
Mannatech Company Profile
Mannatech, Incorporated operates as a health and wellness company worldwide. It develops, markets, and sells nutritional supplements; topical and skin care, and anti-aging products; and weight-management products. The company primarily sells its products directly, as well as through e-commerce and network marketing channels.
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