Manitex International Inc (NASDAQ:MNTX) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 17, 2016
Zacks Investment Research has downgraded Manitex International Inc (NASDAQ:MNTX) to Sell in a statement released on 10/18/2016.
On 11/06/2015, Roth Capital released a statement on Manitex International Inc (NASDAQ:MNTX) maintained the target price at $8.00 that suggested an upside of 0.09%.
Boasting a price of $5.31, Manitex International Inc (NASDAQ:MNTX) traded -1.85% lower on the day. With the last close down -16.60% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Manitex International Inc has recorded a 50-day average of $5.59 and a two hundred day average of $6.37. Volume of trade was down over the average, with 24,674 shares of MNTX changing hands under the typical 43,885
With a total market value of $0, Manitex International Inc has with a one year low of $4.25 and a one year high of $7.68 .
More About Manitex International Inc (NASDAQ:MNTX)
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. In the ASV segment, the Company manufactures a line of compact rubber tracked and skid steer loaders. In the Equipment Distribution segment, the Company markets products used primarily for infrastructure development and commercial construction applications that include road and bridge construction, general contracting, roofing, scrap handling, and sign construction and maintenance. The Company, through its subsidiary Manitex, Inc., markets a line of boom trucks, truck cranes and sign cranes.
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