Mannatech (NASDAQ:MTEX) Coverage Initiated at StockNews.com

StockNews.com started coverage on shares of Mannatech (NASDAQ:MTEX) in a report published on Tuesday morning. The firm issued a buy rating on the stock.

Mannatech Stock Up 7.7 %

Mannatech stock opened at $10.34 on Tuesday. The stock has a market capitalization of $19.48 million, a PE ratio of -12.76 and a beta of 1.06. Mannatech has a twelve month low of $6.75 and a twelve month 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 50 day moving average of $11.74 and a 200-day moving average of $10.00.

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.