News articles about Manitex International (NASDAQ:MNTX) have been trending positive recently, according to Accern Sentiment. The research group rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Manitex International earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 46.6210603718327 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Manitex International (NASDAQ MNTX) traded up $0.04 during trading on Monday, hitting $10.00. 16,500 shares of the stock traded hands, compared to its average volume of 64,133. Manitex International has a 12 month low of $6.21 and a 12 month high of $10.20. The firm has a market capitalization of $165.57, a PE ratio of -4.00 and a beta of 2.02. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.64.
A number of equities research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Manitex International from a “hold” rating to a “strong-buy” rating and set a $10.00 price target for the company in a research note on Wednesday, December 20th. Roth Capital downgraded shares of Manitex International from a “buy” rating to a “neutral” rating and set a $10.00 price target for the company. in a research note on Tuesday, November 7th.
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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