Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Manitex International (MNTX) Stock Price

News headlines about Manitex International (NASDAQ:MNTX) have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news 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 media sentiment score of 0.14 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 45.8848662810442 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Shares of Manitex International (NASDAQ:MNTX) opened at $8.68 on Tuesday. The firm has a market cap of $140.90, a price-to-earnings ratio of 53.19 and a beta of 2.03. Manitex International has a twelve month low of $5.27 and a twelve month high of $9.89. The company has a current ratio of 1.38, a quick ratio of 0.64 and a debt-to-equity ratio of 0.86.

MNTX has been the topic of a number of research reports. Zacks Investment Research raised shares of Manitex International from a “hold” rating to a “buy” rating and set a $10.00 target price on the stock in a report on Thursday, October 26th. Roth Capital cut shares of Manitex International from a “buy” rating to a “neutral” rating and set a $10.00 target price on the stock. in a report on Tuesday, November 7th. Finally, ValuEngine raised shares of Manitex International from a “sell” rating to a “hold” rating in a report on Monday, August 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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