Manitex International (MNTX) Earns Daily Media Sentiment Score of 0.26

Headlines about Manitex International (NASDAQ:MNTX) have been trending positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Manitex International earned a daily sentiment score of 0.26 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 46.6210603718327 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Manitex International (MNTX) traded up $0.13 during trading on Monday, reaching $9.52. 52,300 shares of the company’s stock were exchanged, compared to its average volume of 73,175. The company has a current ratio of 1.38, a quick ratio of 0.64 and a debt-to-equity ratio of 0.86. Manitex International has a 52 week low of $6.21 and a 52 week high of $10.00. The firm has a market cap of $157.62, a P/E ratio of -3.81 and a beta of 2.02.

A number of research analysts have issued reports on MNTX shares. Zacks Investment Research upgraded shares of Manitex International from a “hold” rating to a “strong-buy” rating and set a $10.00 target price on the stock in a research report on Wednesday, December 20th. Roth Capital downgraded shares of Manitex International from a “buy” rating to a “neutral” rating and set a $10.00 target price on the stock. in a research report on Tuesday, November 7th.

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About Manitex International

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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