News headlines about Manitex International (NASDAQ:MNTX) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Manitex International earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 46.4418369030642 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Shares of Manitex International (MNTX) traded up 0.0529% on Tuesday, hitting $9.2649. 10,357 shares of the stock traded hands. Manitex International has a 52-week low of $4.98 and a 52-week high of $9.89. The stock’s 50 day moving average price is $8.52 and its 200 day moving average price is $7.48. The stock’s market cap is $153.39 million.

Manitex International (NASDAQ:MNTX) last released its earnings results on Thursday, August 3rd. The industrial products company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.08. The company had revenue of $51.60 million during the quarter, compared to analysts’ expectations of $44.35 million. Manitex International had a negative net margin of 15.69% and a positive return on equity of 2.50%. Manitex International’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period last year, the business earned $0.02 EPS. On average, equities analysts expect that Manitex International will post $0.19 EPS for the current fiscal year.

MNTX has been the topic of several analyst reports. Roth Capital set a $10.00 target price on shares of Manitex International and gave the stock a “buy” rating in a research note on Thursday, June 8th. ValuEngine downgraded shares of Manitex International from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Finally, Zacks Investment Research upgraded shares of Manitex International from a “hold” rating to a “strong-buy” rating and set a $9.50 target price on the stock in a research note on Wednesday, August 9th.

ILLEGAL ACTIVITY WARNING: This piece of content was first published by Daily Political and is the sole property of of Daily Political. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.dailypolitical.com/2017/09/19/manitex-international-mntx-receives-daily-media-sentiment-rating-of-0-16.html.

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.

Insider Buying and Selling by Quarter for Manitex International (NASDAQ:MNTX)

Receive News & Ratings for Manitex International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Manitex International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.