Stock analysts at StockNews.com assumed coverage on shares of Manitex International (NASDAQ:MNTX – Get Rating) in a research report issued to clients and investors on Friday. The firm set a “hold” rating on the industrial products company’s stock.
Manitex International Stock Down 3.2 %
MNTX stock opened at $4.79 on Friday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.55 and a quick ratio of 0.66. The stock has a market capitalization of $96.71 million, a price-to-earnings ratio of -22.81 and a beta of 0.63. The business’s fifty day moving average price is $5.07 and its two-hundred day moving average price is $4.82. Manitex International has a fifty-two week low of $3.48 and a fifty-two week high of $7.72.
Manitex International (NASDAQ:MNTX – Get Rating) last posted its quarterly earnings data on Wednesday, March 8th. The industrial products company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.03. The firm had revenue of $78.82 million for the quarter, compared to analysts’ expectations of $78.80 million. Manitex International had a positive return on equity of 7.70% and a negative net margin of 1.81%. On average, equities analysts anticipate that Manitex International will post 0.19 earnings per share for the current year.
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About Manitex International
Manitex International, Inc engages in the provision of engineered lifting solutions. It operates through the following operating units: Manitex, Badger, PM Group, Valla, and C&M. The firm products include cranes and machinery. The company was founded in 1993 and is headquartered in Bridgeview, IL.
- Get a free copy of the StockNews.com research report on Manitex International (MNTX)
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