Mannatech, Incorporated (NASDAQ:MTEX) Director Larry A. Jobe sold 1,500 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $14.18, for a total transaction of $21,270.00. Following the transaction, the director now directly owns 52,500 shares of the company’s stock, valued at approximately $744,450. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shares of Mannatech, Incorporated (NASDAQ:MTEX) traded down $0.07 on Tuesday, hitting $14.18. 3,200 shares of the company traded hands, compared to its average volume of 4,176. The company has a market capitalization of $38.60, a P/E ratio of 52.78 and a beta of 1.14. The company has a quick ratio of 1.33, a current ratio of 1.63 and a debt-to-equity ratio of 0.01. Mannatech, Incorporated has a 12 month low of $12.51 and a 12 month high of $23.80.

Mannatech, (NASDAQ:MTEX) last announced its quarterly earnings results on Tuesday, November 7th. The company reported $0.50 earnings per share for the quarter. The company had revenue of $42.00 million during the quarter. Mannatech, had a net margin of 0.48% and a return on equity of 2.05%.

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A hedge fund recently bought a new stake in Mannatech, stock. JBF Capital Inc. purchased a new stake in shares of Mannatech, Incorporated (NASDAQ:MTEX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,014 shares of the company’s stock, valued at approximately $250,000. JBF Capital Inc. owned approximately 0.59% of Mannatech, as of its most recent SEC filing. Hedge funds and other institutional investors own 19.47% of the company’s stock.

About Mannatech,

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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