Mannatech (NASDAQ:MTEX) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Mannatech, Incorporated (NASDAQ:MTEXGet Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $8.59 and traded as low as $6.90. Mannatech shares last traded at $6.98, with a volume of 2,454 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Mannatech in a research note on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Mannatech presently has an average rating of “Sell”.

Get Our Latest Report on Mannatech

Mannatech Trading Down 0.3%

The company has a 50-day moving average of $7.68 and a 200 day moving average of $8.59. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.13 and a quick ratio of 0.56. The company has a market cap of $13.26 million, a PE ratio of -8.12 and a beta of 0.79.

About Mannatech

(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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