Manitex International Inc (NASDAQ:MNTX)’s traded shares stood at 0.74 million during the latest session, with the company’s beta value hitting 0.70. At the last check today, the stock’s price was $5.62, to imply a decrease of -0.09% or -$0.01 in intraday trading. The MNTX share’s 52-week high remains $9.16, putting it -62.99% down since that peak but still an impressive 45.37% since price per share fell to its 52-week low of $3.07. The company has a valuation of $114.75M, with an average of 0.61 million shares in intraday trading volume over the past 10 days and average of 152.07K shares over the past 3 months.
Manitex International Inc (NASDAQ:MNTX) trade information
After registering a -0.09% downside in the latest session, Manitex International Inc (MNTX) has traded red over the past five days. The 5-day price performance for the stock is 50.80%, and 47.64% over 30 days. With these gigs, the year-to-date price performance is -35.64%. Short interest in Manitex International Inc (NASDAQ:MNTX) saw shorts transact 54918.0 shares and set a 0.75 days time to cover.
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Manitex International Inc (MNTX) estimates and forecasts
Looking at statistics comparing Manitex International Inc share performance against respective industry, we note that the company has underperformed competitors. Manitex International Inc (MNTX) shares are -12.79% down over the last 6 months, with its year-to-date growth rate lower than industry average at -45.00% against 6.60%. The rating firms project that company’s revenue will grow 4.90% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 79.2M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 74.5M.Earnings reports from the last fiscal year show that sales brought in 73.53M and 67.48M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 7.70% before jumping 10.40% in the following quarter.
MNTX Dividends
Manitex International Inc has its next earnings report out on 2024-May-02. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Manitex International Inc (NASDAQ:MNTX)’s Major holders
Manitex International Inc insiders hold 27.56% of total outstanding shares, with institutional holders owning 53.73% of the shares at 74.17% float percentage. In total, 53.73% institutions holds shares in the company, led by ROYCE & ASSOCIATES LP. As of 2024-06-30, the company held over 1.69 million shares (or 8.3115% of shares), all amounting to roughly $7.47 million.
The next major institution holding the largest number of shares is PACIFIC RIDGE CAPITAL PARTNERS, LLC with 0.92 million shares, or about 4.5229% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $4.06 million.
