Mannatech, Incorporated (NASDAQ:MTEX) Director Larry A. Jobe sold 1,500 shares of the stock in a transaction on Monday, November 13th. The stock was sold at an average price of $14.18, for a total value of $21,270.00. Following the completion of the sale, the director now directly owns 52,500 shares in the company, valued at $744,450. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Mannatech, Incorporated (MTEX) traded up $0.07 during midday trading on Wednesday, hitting $14.25. The stock had a trading volume of 2,200 shares, compared to its average volume of 4,167. Mannatech, Incorporated has a 52-week low of $12.51 and a 52-week high of $23.80. The stock has a market capitalization of $38.77, a PE ratio of 52.52 and a beta of 1.14. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.33 and a current ratio of 1.63.
Mannatech, (NASDAQ:MTEX) last released its earnings results on Tuesday, November 7th. The company reported $0.50 EPS for the quarter. Mannatech, had a return on equity of 2.05% and a net margin of 0.48%. The firm had revenue of $42.00 million for the quarter.
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Mannatech, Incorporated is a wellness solution provider. The Company develops and sells nutritional supplements, topical and skin care and anti-aging products, and weight-management products. The Company operates through the segment of sale of nutritional supplements, skin care and anti-aging products, and weight management and fitness products through network marketing distribution channels in approximately 20 countries.
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