Manitex International Inc (NASDAQ:MNTX) Sentiment Report

Sentiment for Manitex International Inc (NASDAQ:MNTX)

Manitex International Inc (NASDAQ:MNTX) institutional sentiment decreased to 0.82 in Q1 2019. Its down -0.30, from 1.12 in 2018Q4. The ratio dived, as 23 hedge funds opened new and increased equity positions, while 28 sold and decreased equity positions in Manitex International Inc. The hedge funds in our partner’s database reported: 10.29 million shares, up from 10.23 million shares in 2018Q4. Also, the number of hedge funds holding Manitex International Inc in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 4 Reduced: 24 Increased: 17 New Position: 6.

Manitex International, Inc. provides engineered lifting and loading products worldwide. The company has market cap of $120.46 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.

The stock increased 1.83% or $0.11 during the last trading session, reaching $6.12. About 33,188 shares traded. Manitex International, Inc. (NASDAQ:MNTX) has declined 36.36% since July 14, 2018 and is downtrending. It has underperformed by 40.79% the S&P500.

Wealthtrust Axiom Llc holds 2.4% of its portfolio in Manitex International, Inc. for 881,946 shares. Pacific Ridge Capital Partners Llc owns 726,532 shares or 1.49% of their US portfolio. Moreover, Rutabaga Capital Management Llc Ma has 1.47% invested in the company for 694,061 shares. The California-based First Wilshire Securities Management Inc has invested 1.32% in the stock. Adirondack Research & Management Inc., a New York-based fund reported 173,637 shares.

More notable recent Manitex International, Inc. (NASDAQ:MNTX) news were published by: Globenewswire.com which released: “Manitex International, Inc. Announces the Addition of DC Bates Equipment Co. to the Trolley Boom Crane Distribution Network – GlobeNewswire” on October 15, 2018, also Seekingalpha.com with their article: “ASV – Challenged Prospects For This CTL Manufacturer – Seeking Alpha” published on May 15, 2017, Globenewswire.com published: “Investor Expectations to Drive Momentum within Dynavax Technologies, The Trade Desk, Genesco, Kraton, Broadridge Financial Solutions, and Manitex International — Discovering Underlying Factors of Influence – GlobeNewswire” on April 11, 2019. More interesting news about Manitex International, Inc. (NASDAQ:MNTX) were released by: Globenewswire.com and their article: “Manitex International Welcomes Tampa Crane & Body as Knuckle Boom Distributor in Florida – GlobeNewswire” published on October 30, 2017 as well as Globenewswire.com‘s news article titled: “Manitex International, Inc. Announces Pricing for Sale of Half of its ASV Shares in an Underwritten Public Offering – GlobeNewswire” with publication date: May 12, 2017.

Manitex International, Inc. (NASDAQ:MNTX) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.