The stock of Mannatech, Inc. (MTEX, Financial) recently experienced a significant drop, declining by 5.12%. The latest trading price was $7.60 per share with a volume of 1,266 shares, marking a turnover rate of 0.07% and a price fluctuation of 2.12%.
Recent financial reports showed Mannatech's revenue at $27.74 million. However, it faced a net loss of $624,000, resulting in an earnings per share of -$0.33. The gross profit stood at $20.98 million, and the price-to-earnings ratio was -12.49. Currently, no analyst ratings are available for MTEX regarding buy, hold, or sell recommendations.
Within the food distribution sector, where Mannatech is categorized, the overall growth was 0.53%. Notable gainers in this sector include Amcon Distributing Company, The Chefs' Warehouse, Inc., and Performance Food Group Company. Active stocks based on turnover were found to be the Fu Yuan Group, Spartannash Company, and United Natural Foods, with respective turnover rates of 3.74%, 0.66%, and 0.59%. Stocks with significant price volatility include Amcon Distributing Company, United Natural Foods, and the Fu Yuan Group, showing price swings of 7.67%, 4.63%, and 4.60% respectively.
Mannatech, Inc. specializes in health solutions, offering nutritional supplements, skincare, anti-aging products, and weight management products aimed at promoting optimal health. The company distributes its products across the Americas, Europe/Middle East/Africa, and the Asia-Pacific region, with the majority of its revenue stemming from the Asia-Pacific market, followed by the Americas.
