Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Mannatech (MTEX) Stock Price

Media stories about Mannatech (NASDAQ:MTEX) have trended somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Mannatech earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 48.3619956475693 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Separately, ValuEngine cut shares of Mannatech from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd.

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Mannatech stock traded up $0.01 during mid-day trading on Monday, reaching $17.61. 595 shares of the company’s stock were exchanged, compared to its average volume of 4,619. The firm has a market cap of $47.86, a PE ratio of 23.78 and a beta of 0.91. Mannatech has a twelve month low of $12.51 and a twelve month high of $18.00.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 28th. Stockholders of record on Wednesday, March 21st were issued a $0.125 dividend. The ex-dividend date of this dividend was Tuesday, March 20th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.84%.

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Mannatech Company Profile

Mannatech, Incorporated operates as a wellness solution provider. It develops and sells nutritional supplements, topical, skin care and anti-aging products, and weight-management products. The company markets its products through network marketing channel in the Americas, Europe/the Middle East/Africa, and the Asia/Pacific.

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