Shares of Mannatech Inc (MTEX, Financial) experienced a notable increase of 5.50% in recent trading. The stock price reached $8.44 per share, with a trading volume of 3,203 shares and a turnover rate of 0.17%. The stock's amplitude recorded at 5.75% during this period.
According to recent financial reports, Mannatech Inc reported revenue of $31.73 million, with a net loss of $328,000, translating to an earnings per share (EPS) of -$0.17. The company's gross profit stood at $23.62 million, and the price-to-earnings (P/E) ratio was -9.97. Currently, no institutions have rated the stock with "buy," "hold," or "sell" recommendations.
Within the food distribution industry, where Mannatech operates, there was an overall decline of 0.88%. Despite this, Mannatech and peers like United Natural Foods, G. Willi-Food International showed significant gains. Other active stocks in the sector included Fortune Group, Spartannash Company, and Performance Food Group Company, with turnover rates at 3.70%, 0.51%, and 0.48%, respectively. Stocks with notable amplitude included Fortune Group at 13.50%, Mannatech at 8.75%, and Spartannash Company at 3.52%.
Mannatech Inc is a health solutions provider offering nutritional supplements, skincare, anti-aging, and weight management products. The company markets its products primarily in the Americas, Europe/Middle East/Africa, and Asia Pacific, with the majority of its revenue generated from the Asia Pacific region, followed by the Americas.
