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

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

Mannatech Price Performance

MTEX opened at $9.92 on Tuesday. Mannatech has a fifty-two week low of $6.75 and a fifty-two week high of $16.49. The firm has a 50-day moving average of $11.95 and a 200 day moving average of $9.96. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 1.25. The firm has a market cap of $18.70 million, a P/E ratio of -12.25 and a beta of 1.06.

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.