Manitex International (MNTX) Earns Coverage Optimism Rating of 0.13

Media coverage about Manitex International (NASDAQ:MNTX) has been trending somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Manitex International earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 46.2726152630568 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Manitex International (NASDAQ:MNTX) opened at $8.25 on Friday. The company has a current ratio of 1.38, a quick ratio of 0.64 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $136.60, a P/E ratio of 51.56 and a beta of 2.03. Manitex International has a 52-week low of $5.30 and a 52-week high of $9.89.

MNTX has been the subject of a number of research reports. Roth Capital downgraded Manitex International from a “buy” rating to a “neutral” rating and set a $10.00 target price for the company. in a research note on Tuesday, November 7th. Zacks Investment Research upgraded Manitex International from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research report on Thursday, October 26th.

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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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