Manitex International Inc (NASDAQ: MNTX) is -35.70% lower on its value in year-to-date trading and has touched a low of $3.07 and a high of $9.16 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MNTX stock was last observed hovering at around $5.63 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $5.62, the stock is 38.20% and 29.51% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.15 million and changing -0.18% at the moment leaves the stock -7.80% off its SMA200. MNTX registered 24.06% gain for a year compared to 6-month loss of -12.87%.
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The stock witnessed a 47.51% gain in the last 1 month and extending the period to 3 months gives it a 16.60%, and is 50.67% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.66% over the week and 4.75% over the month.
Manitex International Inc (MNTX) has around 705 employees, a market worth around $114.65M and $299.56M in sales. Current P/E ratio is 10.70 and Fwd P/E is 11.02. Profit margin for the company is 3.56%. Distance from 52-week low is 83.06% and -38.65% from its 52-week high. The company has generated returns on investments over the last 12 months (7.42%).
The EPS is expected to shrink by -14.75% this year.
Manitex International Inc (MNTX) Top Institutional Holders
66.0 institutions hold shares in Manitex International Inc (MNTX), with institutional investors hold 74.24% of the company’s shares. The shares outstanding are 20.26M, and float is at 14.79M with Short Float at 0.37%. Institutions hold 53.73% of the Float.
The top institutional shareholder in the company is ROYCE & ASSOCIATES LP with over 1.69 million shares valued at $7.47 million. The investor’s holdings represent 8.3115% of the MNTX Shares outstanding. As of 2024-06-30, the second largest holder is PACIFIC RIDGE CAPITAL PARTNERS, LLC with 0.92 million shares valued at $4.06 million to account for 4.5229 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 0.86 million shares representing 4.2331% and valued at over $3.8 million, while WEALTHTRUST AXIOM LLC holds 4.1492 of the shares totaling 0.84 million with a market value of $3.73 million.
Manitex International Inc (MNTX) Insider Activity
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