Mannatech (NASDAQ:MTEX) Posts Earnings Results

Mannatech (NASDAQ:MTEX) announced its quarterly earnings data on Wednesday. The company reported $1.20 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $29.01 million during the quarter. Mannatech had a negative net margin of 1.26% and a negative return on equity of 15.62%.

Mannatech Stock Down 0.4 %

Shares of NASDAQ MTEX opened at $8.96 on Friday. The firm’s fifty day moving average is $11.13 and its 200 day moving average is $10.05. Mannatech has a 52 week low of $6.75 and a 52 week high of $16.49. 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 market cap of $16.90 million, a price-to-earnings ratio of -11.07 and a beta of 1.06.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Mannatech in a report on Wednesday. They set a “buy” rating for the company.

Mannatech Company Profile

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.