Equities researchers at StockNews.com started coverage on shares of Manitex International (NASDAQ:MNTX – Get Free Report) in a research report issued to clients and investors on Thursday. The brokerage set a “hold” rating on the industrial products company’s stock.
Manitex International Stock Up 0.2 %
Shares of MNTX opened at $5.80 on Thursday. Manitex International has a 1 year low of $3.07 and a 1 year high of $8.60. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.64 and a quick ratio of 0.66. The stock has a 50 day simple moving average of $5.77 and a two-hundred day simple moving average of $5.30. The firm has a market cap of $118.30 million, a P/E ratio of 12.61 and a beta of 0.77.
Manitex International (NASDAQ:MNTX – Get Free Report) last released its earnings results on Thursday, November 7th. The industrial products company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.05 by $0.04. The company had revenue of $66.54 million for the quarter, compared to analyst estimates of $69.97 million. Manitex International had a net margin of 3.19% and a return on equity of 16.60%. On average, analysts forecast that Manitex International will post 0.33 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Manitex International
About Manitex International
Manitex International, Inc provides engineered lifting solutions in the United States, Italy, Canada, Chile, France, and internationally. The company designs, manufactures, and distributes products that are used in various industries. It also offers boom trucks, truck cranes, and sign cranes products primarily for use in industrial projects, energy exploration, and infrastructure development comprising roads, bridges, and commercial construction; and truck-mounted aerial platforms.
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