Mannatech, Incorporated (MTEX) Director Larry A. Jobe Sells 1,500 Shares
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%.
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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