Discussion stirs around Manitex International, Inc. (NASDAQ:MNTX) this week; here is what analysts are saying.

February 15, 2018 - By Vivian Currie

 Discussion stirs around Manitex International, Inc. (NASDAQ:MNTX) this week; here is what analysts are saying.
Investors sentiment increased to 1.23 in 2017 Q3. Its up 0.27, from 0.96 in 2017Q2. It is positive, as 6 investors sold Manitex International, Inc. shares while 16 reduced holdings. 18 funds opened positions while 9 raised stakes. 10.68 million shares or 6.37% more from 10.04 million shares in 2017Q2 were reported.
Beddow Capital Mgmt Incorporated, a California-based fund reported 762,828 shares. Cortina Asset Management Ltd holds 0.28% in Manitex International, Inc. (NASDAQ:MNTX) or 764,091 shares. Renaissance Techs Ltd Liability Co accumulated 59,600 shares. Next Century Growth Invsts Ltd Limited Liability Company has invested 0.26% in Manitex International, Inc. (NASDAQ:MNTX). Perritt Cap holds 0.51% or 217,830 shares in its portfolio. Wilen Investment Mgmt accumulated 13,300 shares. Trexquant Investment L P has invested 0.04% in Manitex International, Inc. (NASDAQ:MNTX). Wealthtrust Axiom Limited Liability Corporation invested 2.88% in Manitex International, Inc. (NASDAQ:MNTX). Tower Capital Ltd Company (Trc) holds 2,552 shares or 0% of its portfolio. Adirondack Rech Mngmt holds 200,737 shares or 0.7% of its portfolio. Dimensional Fund Advisors Limited Partnership has 119,364 shares. Manufacturers Life Insur The accumulated 0% or 1,027 shares. Virtu Financial Lc has 16,502 shares for 0% of their portfolio. Manatuck Hill Partners Limited Co holds 322,700 shares. Geode Capital Mngmt Ltd Limited Liability Company accumulated 69,438 shares.

Manitex International, Inc. (NASDAQ:MNTX) Ratings Coverage

Among 2 analysts covering Manitex International (NASDAQ:MNTX), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Manitex International had 8 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Manitex International, Inc. (NASDAQ:MNTX) earned “Buy” rating by Roth Capital on Friday, August 4. The stock of Manitex International, Inc. (NASDAQ:MNTX) earned “Buy” rating by Roth Capital on Friday, March 11. The company was maintained on Monday, August 10 by Roth Capital. The stock of Manitex International, Inc. (NASDAQ:MNTX) earned “Buy” rating by Seaport Global on Wednesday, February 7. Roth Capital downgraded the stock to “Hold” rating in Tuesday, November 7 report. The firm has “Buy” rating by Roth Capital given on Wednesday, June 7. The rating was upgraded by Roth Capital on Thursday, February 8 to “Buy”. Below is a list of Manitex International, Inc. (NASDAQ:MNTX) latest ratings and price target changes.

07/02/2018 Broker: Seaport Global Rating: Buy New Target: $12.0 Maintain
08/02/2018 Broker: Roth Capital Old Rating: Hold New Rating: Buy Upgrade
07/11/2017 Broker: Roth Capital Rating: Hold Downgrade

The stock increased 0.27% or $0.03 during the last trading session, reaching $11.25. About 96,889 shares traded or 76.50% up from the average. Manitex International, Inc. (NASDAQ:MNTX) has risen 8.39% since February 15, 2017 and is uptrending. It has underperformed by 8.31% the S&P500.

Manitex International, Inc. provides engineered lifting and loading products worldwide. The company has market cap of $186.26 million. The firm operates through three divisions: Lifting Equipment, ASV, and Equipment Distribution divisions. It currently has negative earnings. The Lifting Equipment segment designs, makes, and distributes boom trucks and crane products that are used for industrial projects and energy exploration, as well as for roads, bridges, and residential and commercial construction; and specialized rough terrain cranes and material handling products for the construction, municipality, and railroad industries, as well as truck-mounted aerial platforms and sign cranes.

More notable recent Manitex International, Inc. (NASDAQ:MNTX) news were published by: Globenewswire.com which released: “Manitex International, Inc. Will Report Third Quarter 2017 Financial Results …” on October 27, 2017, also Globenewswire.com with their article: “Manitex International, Inc. Welcomes Fallsway Equipment Company to PM Knuckle …” published on November 17, 2017, Globenewswire.com published: “Manitex International, Inc. Will Participate in Dougherty & Co. Institutional …” on August 28, 2017. More interesting news about Manitex International, Inc. (NASDAQ:MNTX) were released by: Globenewswire.com and their article: “Manitex International, Inc. Provides Preliminary Summary Report on Third …” published on November 06, 2017 as well as Seekingalpha.com‘s news article titled: “Glimpses Of Progress At Manitex” with publication date: February 09, 2018.

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