Mannatech, Incorporated (MTEX) Has Bullish Double Top Pattern Trading At $20.25

June 29, 2018 - By Gwen Gough

Mannatech, Incorporated (NASDAQ:MTEX) Corporate Logo

Big Money Sentiment decreased to 1.5 in Q1 2018. It has change of 0.07, from 2017Q4’s 1.57. The ratio fall due to Mannatech, Incorporated positioning: 2 sold and 2 reduced. 0 funds amassed holdings and 6 increased holdings. Investors holded 539,185 in 2017Q4 but now own 583,686 shares or 8.25% more.
81,286 were accumulated by Jbf Incorporated. Dimensional Fund L P holds 0% or 66,099 shs in its capital. Deutsche Fincl Bank Ag holds 0% or 4,190 shs. Northern Corporation holds 12,208 shs or 0% of its capital. Toth Fincl Advisory Corp reported 0% of its capital in Mannatech, Incorporated (NASDAQ:MTEX). Morgan Stanley reported 0% in Mannatech, Incorporated (NASDAQ:MTEX). Bridgeway Capital Management Incorporated has 61,509 shs. Royal Bancshares Of Canada has 0% invested in Mannatech, Incorporated (NASDAQ:MTEX) for 141 shs. Vanguard Grp Incorporated holds 52,636 shs. Moreover, Acadian Asset Mngmt Lc has 0% invested in Mannatech, Incorporated (NASDAQ:MTEX). Blackrock has 78,628 shs for 0% of their capital. Moreover, Renaissance Ltd has 0% invested in Mannatech, Incorporated (NASDAQ:MTEX) for 207,860 shs. Lsv Asset owns 0% invested in Mannatech, Incorporated (NASDAQ:MTEX) for 15,100 shs. Bank Of America De has invested 0% in Mannatech, Incorporated (NASDAQ:MTEX). Wells Fargo & Mn has invested 0% in Mannatech, Incorporated (NASDAQ:MTEX).

With $21.67 price target Mannatech, Incorporated (MTEX) shows a double top. That’s 7.00 % above today’s $20.25 price per share. The technical setup shows low risk. Finviz.com announced it on Jun, 29. $3.85 million more could be MTEX valuation at $21.67 share price.

The last price was $20.25.Since June 29, 2017 it’s 40.82% down thus uptrending. MTEX outperformed the S&P500 by 28.25%.

A couple more Mannatech, Incorporated (NASDAQ:MTEX) news were posted by: Businesswire.com which released on June 18, 2018 “Mannatech Announces Preliminary Results of Tender Offer”, also Businesswire.com on June 11, 2018 posted “Mannatech Announces Results of Annual Shareholders’ Meeting”, the next Businesswire.com is “Mannatech Announces Final Results of Tender Offer” on June 20, 2018. Streetinsider.com has article titled “Form SC TO-I/A MANNATECH INC Filed by: MANNATECH INC”.

Mannatech, Incorporated (NASDAQ:MTEX) Institutional Investors Chart

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