At $20.25 Mannatech, Incorporated (MTEX) Forms Double Top Chart Pattern

June 29, 2018 - By Alex Paulin

Mannatech, Incorporated (NASDAQ:MTEX) Corporate Logo

During 2018 Q1 the big money sentiment decreased to 1.5. That’s change of 0.07, from 2017Q4’s 1.57. 2 investors sold all, 2 reduced holdings as Mannatech, Incorporated ratio is negative. 6 grew positions while 0 funds acquired positions. Funds hold 583,686 shares thus 8.25% more from 2017Q4’s 539,185 shares.
Northern Tru Corporation holds 0% in Mannatech, Incorporated (NASDAQ:MTEX) or 12,208 shs. Blackrock Inc owns 78,628 shs. Wells Fargo And Mn reported 0% in Mannatech, Incorporated (NASDAQ:MTEX). Renaissance Tech Ltd Limited Liability Company holds 0% or 207,860 shs. Dimensional Fund Advisors Lp has 66,099 shs. Morgan Stanley holds 0% or 61 shs. Toth Fin Advisory holds 0% or 105 shs in its capital. Royal Bankshares Of Canada reported 141 shs. Acadian Asset Limited Company accumulated 2,070 shs or 0% of the stock. Jbf Inc has 81,286 shs. Moreover, Savings Bank Of America De has 0% invested in Mannatech, Incorporated (NASDAQ:MTEX). Bridgeway Cap Mgmt has invested 0.01% in Mannatech, Incorporated (NASDAQ:MTEX). Moreover, Vanguard Group has 0% invested in Mannatech, Incorporated (NASDAQ:MTEX) for 52,636 shs. Gradient Invests Ltd Liability Corporation accumulated 0% or 243 shs. Lsv Asset reported 15,100 shs.

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.It’s uptrending since June 29, 2017 and is 40.82% down. The stock outperformed the S&P 500 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 Streetinsider.com is “Form SC TO-I/A MANNATECH INC Filed by: MANNATECH INC” on June 18, 2018. Businesswire.com has article titled “Mannatech Announces Final Results of Tender Offer”.

Mannatech, Incorporated (NASDAQ:MTEX) Institutional Investors Chart

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