Mannatech (NASDAQ:MTEX – Get Free Report) released its earnings results on Wednesday. The company reported $1.20 earnings per share for the quarter, Zacks reports. Mannatech had a negative return on equity of 15.62% and a negative net margin of 1.26%.
Mannatech Stock Down 0.2 %
Shares of MTEX stock opened at $9.61 on Wednesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.25 and a quick ratio of 0.74. Mannatech has a one year low of $6.75 and a one year high of $16.49. The company’s fifty day moving average price is $11.31 and its 200-day moving average price is $10.05. The company has a market capitalization of $18.11 million, a price-to-earnings ratio of -11.86 and a beta of 1.06.
Analyst Upgrades and Downgrades
Separately, StockNews.com assumed coverage on Mannatech in a research note on Wednesday. They set a “buy” rating for the company.
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.
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