Bullish Double Top Is Formed By Mannatech, Incorporated (MTEX) at $20.25

June 29, 2018 - By Glen Chin

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 fall. 6 grew holdings while 0 funds bought holdings. Funds hold 583,686 shares thus 8.25% more from 2017Q4’s 539,185 shares.
Toth Fincl Advisory Corporation reported 105 shs stake. Royal Bancshares Of Canada invested in 0% or 141 shs. Acadian Asset Mgmt Llc has invested 0% of its capital in Mannatech, Incorporated (NASDAQ:MTEX). Dimensional Fund L P reported 66,099 shs. Wells Fargo & Communications Mn has 1,500 shs. Lsv Asset invested 0% in Mannatech, Incorporated (NASDAQ:MTEX). Renaissance Technology Llc holds 0% of its capital in Mannatech, Incorporated (NASDAQ:MTEX) for 207,860 shs. Blackrock Inc holds 0% or 78,628 shs. Vanguard Gp accumulated 52,636 shs. Morgan Stanley reported 61 shs or 0% of all its holdings. Jbf Cap Inc reported 0.2% in Mannatech, Incorporated (NASDAQ:MTEX). Deutsche Bankshares Ag has 0% invested in Mannatech, Incorporated (NASDAQ:MTEX). Gradient Invests Ltd invested in 243 shs. Illinois-based Northern Tru Corporation has invested 0% in Mannatech, Incorporated (NASDAQ:MTEX). Fincl Bank Of America De holds 0% of its capital in Mannatech, Incorporated (NASDAQ:MTEX) for 50 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.

At traded at $20.25 lastly.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 20, 2018 posted “Mannatech Announces Final Results of Tender Offer”, the next Businesswire.com is “Mannatech Announces Results of Annual Shareholders’ Meeting” on June 11, 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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