Mannatech (MTEX, Financial) experienced a notable stock movement, with its price surging by 8.41%. The stock is currently trading at $8.25 per share, with a trading volume of 1,299 shares, a turnover rate of 0.07%, and a price fluctuation of 1.70%.
According to recent financial reports, Mannatech reported a revenue of $27.74 million, a net loss of $624,000, and an earnings per share (EPS) of -$0.33. The gross profit stood at $20.98 million, and the price-to-earnings (P/E) ratio was -12.51. Currently, there are no institution ratings for MTEX regarding buy, hold, or sell recommendations.
In the food distribution industry where Mannatech operates, the overall sector saw a decline of 0.34%. Notably, stocks like Fu Yuan Group and United Natural Foods demonstrated significant growth. Fu Yuan Group, United Natural Foods, and US Foods Holding were particularly active, with turnover rates of 12.86%, 0.46%, and 0.22%, respectively. Fu Yuan Group, G. Willi-Food International, and United Natural Foods experienced considerable price swings of 41.93%, 10.87%, and 4.26%, respectively.
Mannatech Inc is a provider of health solutions, developing and selling nutritional supplements, skin care, anti-aging, and weight management products aimed at promoting optimal health. The company markets its products in the Americas, Europe/Middle East/Africa, and Asia Pacific regions, with the majority of its revenue generated from the Asia Pacific, followed by the Americas.
