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

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

Mannatech Price Performance

Mannatech stock opened at $11.51 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 1.25. Mannatech has a 52 week low of $6.75 and a 52 week high of $16.49. The stock has a market capitalization of $21.70 million, a P/E ratio of -14.21 and a beta of 1.06. The stock has a fifty day moving average of $12.21 and a 200-day moving average of $9.72.

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.