Let’s start up with the current stock price of Manitex International Inc. (MNTX), which is $6.57 to be very precise. The Stock rose vividly during the last session to $6.26 after opening rate of $6.11 while the lowest price it went was recorded $6.08 before closing at $6.26.
Recently in News on February 11, 2021, Manitex International, Inc. Announces Continued Order Growth Into 2021. Backlog Has Surpassed $80 Million, led by New Bookings at PM Group . You can read further details here
Manitex International Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $6.77 on 02/11/21, with the lowest value was $4.87 for the same time period, recorded on 01/04/21.
Manitex International Inc. (MNTX) full year performance was 12.79%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Manitex International Inc. shares are logging 1.51% during the 52-week period from high price, and 137.97% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.76 and $6.47.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 42183 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Manitex International Inc. (MNTX) recorded performance in the market was 21.32%, having the revenues showcasing 37.89% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 127.70M, as it employees total of 598 workers.
Specialists analysis on Manitex International Inc. (MNTX)
During the last month, 0 analysts gave the Manitex International Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 4.87, with a change in the price was noted +2.15. In a similar fashion, Manitex International Inc. posted a movement of +48.53% for the period of last 100 days, recording 28,901 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MNTX is recording 0.84 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.36.
Trends and Technical analysis: Manitex International Inc. (MNTX)
Raw Stochastic average of Manitex International Inc. in the period of last 50 days is set at 92.94%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 89.33%. In the last 20 days, the company’s Stochastic %K was 83.38% and its Stochastic %D was recorded 83.42%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 21.32%. Additionally, trading for the stock in the period of the last six months notably improved by 44.57%, alongside a boost of 12.79% for the period of the last 12 months. The shares increased approximately by 1.62% in the 7-day charts and went down by 23.96% in the period of the last 30 days. Common stock shares were driven by 37.89% during last recorded quarter.