News headlines about Manitex International (NASDAQ:MNTX) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Manitex International earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 47.3582782476565 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several analysts have commented on the stock. Roth Capital raised shares of Manitex International from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $10.00 to $11.00 in a research note on Thursday, February 8th. Zacks Investment Research cut shares of Manitex International from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 3rd.
Shares of Manitex International (NASDAQ MNTX) traded down $0.53 during midday trading on Wednesday, hitting $10.53. 113,660 shares of the stock traded hands, compared to its average volume of 73,959. Manitex International has a one year low of $6.21 and a one year high of $12.04. The stock has a market cap of $173.07, a PE ratio of -11.27 and a beta of 1.64. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.64.
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Manitex International Company Profile
Manitex International, Inc is a provider of engineered specialty lifting and loading products. The Company operates in three business segments: the Lifting Equipment segment, the A.S.V., LLC (ASV) segment and the Equipment Distribution segment. Through its Lifting Equipment segment, the Company designs, manufactures and distributes a diverse group of products that serve various functions and are used in a range of industries.
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