Emphasizing self-care, the need to enhance sexual health among men is also unlocking new opportunities. Amid the increased men's health awareness, Mangoceuticals (NASDAQ:MGRX) has emerged as an ideal play for any investor eyeing exposure in the burgeoning sector.
The company is already tapping into the opportunity presented by sexual health issues. Focused on developing, marketing, and selling men's wellness products and services, the company is playing its role in meeting the growing demand for male-centric wellness.
Driven by its mission to improve the lives of men and their partners by creating high-quality sexual health products, Mangoceuticals is slowly emerging as a force to reckon with. The company already boasts of an array of sexual health products that puts it at the center of the expected growth in the industry.
Top MGRX Highlights
* MGRX stock moves above the key moving average affirming strong bullish momentum
* Mangoceuticals targeting the multi-billion erectile dysfunction market with Mango Product
* Mangoceuticalstuns to telehealth platform MangoRX to target a broader market
* Backed by proven erectile dysfunction product and telehealth platform there is every reason to be bullish about Mangoceuticals long-term prospects as it targets opportunities in the multi-billion men's healthcare sector
Mango Erectile Dysfunction Solution
Mango is a Mangoceuticals flagship product that's positioned to tap into the sexual health supplement market and is expected to reach $4.2 billion from $2.54 billion as of last year. The groundbreaking solution is designed to address men's unique concerns with erectile dysfunction (ED) issues.
The expertly formulated solution ensures a superior experience for customers as it contains the active ingredient Cialis supplemented by innovative formulation of oxytocin and L-Arginine. Therefore, it is a rapidly dissolving tablet that's able to hit the bloodstream quicker and faster for optimum results.
The inability to rise to the occasion and sustain a robust penile erection is one of the challenges facing men worldwide. Likewise, Mangoceuticals has set out to address the issue with its proprietary solution that's already eliciting strong interest owing to its ability to help men achieve optimum performance.
Reaching the Target with MangoRX
Backed by its safe, secure, and convenient telehealth platform MangoRX, Mangoceuticals has made impressive strides to target people struggling with erectile dysfunction.
The telehealth platform has made it easy for most men to easily access the product without leaving their homes. By eliminating the need for in-person doctor visits, it established itself as a discreet and accessible solution for men's sexual needs.
The product is already available in more than 44 states, including Nevada and the District of Columbia. The expansion marks an important milestone in Mangoceutical's bid to target a wider target market. In addition, it enhances the prospect of strengthening the revenue streams to tap into the multi-billion opportunity in the global ED market.
Strong Balance Sheet
Following the closing of a $5 million public offering in March, Mangoceuticals remains in a solid financial position to take its flagship ED product to market. The company is already using the new funds to finance marketing and other expenses as it looks to reach out to a broader target market.
The launch of the "Some Things are Better Hard" digital marketing campaign is already having the desired impact with over 5 million views on YouTube. The full-length video has already gone viral across multiple social networks, thus having the desired impact in popularizing Mango.
The AD campaign should further position Mango in the ED market as the ultimate solution for helping men achieve sexual fulfillment with ease. In return, the company should be able to draw in significant sales on strong demand.
Backed by a strong balance sheet, Mangoceuticals is well-positioned to carry out the talent acquisition needed to enhance product and software development. By sponsoring the highly popular podcast, the company stands to reach a massive audience.
Barstool Sports Marketing
The inking of a deal that will see Mangoceuticals become Barstool Sports "Only Stans" Podcast's official sponsor marks yet another important marketing stride.
With more than 320,000 listeners per episode, the podcast sponsorship deal should help enhance the Mango market reach. In return, Mangoceuticals should be able to tap into markets it has yet to enter with current marketing activities.
Why MGRX Stock is a Strong Buy?
Mangoceuticals is one of the few companies well poised to take advantage of the huge opportunity presented by the erectile dysfunction condition. Backed by the highly effective Mango product, the company is more than ready to help men with ED conditions rise to the occasion and generate significant value in return.
The MangoRX Telehealth platform further strengthens the company's bid to reach a broader target market by targeting the millions of men that suffer in silence. Its aggressive marketing campaign through social networks continues to bear fruits going by the millions of views.
The solid underlying fundamentals underscore why MGRX stock is a solid buy going by the tremendous opportunities in the multi-billion men's health sector market. With the market growing at a compound annual growth of more than 10%, there is room for tremendous opportunities for growth.
On the other hand, MGRX appears highly undervalued as the stock is trading for pennies. Nevertheless, there has been a significant change in market sentiments in recent weeks, signaling growing interest amid solid growth metrics and long-term prospects.
MGRX stock price moving above the 50-day moving average amid a significant increase in the total traded shares affirms strong buying pressure. With the stock trading for about $1.60 a share and an increase of 16% yesterday, there is no doubt it could explode as it remains highly undervalued at its current valuation.
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MANGOCEUTICALS, INC. 
