Mannatech (NASDAQ:MTEX) Releases Quarterly Earnings Results

by · The Cerbat Gem

Mannatech (NASDAQ:MTEX – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.49 EPS for the quarter, FiscalAI reports. The firm had revenue of $24.92 million for the quarter. Mannatech had a negative return on equity of 496.67% and a negative net margin of 11.97%.

Mannatech Trading Down 8.7%

Shares of MTEX traded down $0.40 during trading hours on Friday, hitting $4.22. The company had a trading volume of 13,092 shares, compared to its average volume of 50,229. The firm has a market cap of $8.14 million, a P/E ratio of -0.63 and a beta of 0.61. The stock’s 50 day moving average price is $5.72 and its 200 day moving average price is $7.39. The company has a quick ratio of 0.56, a current ratio of 1.10 and a debt-to-equity ratio of 0.48. Mannatech has a 52-week low of $4.16 and a 52-week high of $12.45.

Mannatech Company Profile

(Get Free Report)

Mannatech, Inc is a global health and wellness company that develops and markets a range of dietary supplements and personal care products through a direct selling business model. The company’s core focus is on glyconutrients, specialized carbohydrates believed to support cellular communication, which form the basis of many of its flagship offerings. Operating under a network marketing structure, Mannatech empowers independent associates to promote and distribute its products in markets around the world.

The company’s product portfolio includes nutritional supplements aimed at immune support, digestive health, and healthy aging, as well as skincare items designed to promote hydration and skin vitality.

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