Manitex International traded at $6.33 this Tuesday April 9th, increasing $0.15 or 2.43 percent since the previous trading session. Looking back, over the last four weeks, Manitex International gained 4.38 percent. Over the last 12 months, its price rose by 21.73 percent. Looking ahead, we forecast Manitex International to be priced at 6.14 by the end of this quarter and at 5.60 in one year, according to Trading Economics global macro models projections and analysts expectations.
Manitex International, Inc. is a provider of engineered lifting solutions. The Company designs, manufactures and distributes a diverse group of products that serve different functions and are used in a variety of industries. It also produces a range of precision pick and carries industrial cranes using electric, diesel, and hybrid power options. The Company’s products are sold internationally through dealers and into the rental distribution channel. The Company is also a manufacturer of truck-mounted aerial platforms with a diverse product line and an international client base. The Company markets a range of boom trucks, truck cranes and sign cranes. The is a manufacturer of specialized rough terrain cranes and material handling products. The Company’s subsidiaries include Manitex, Inc. (Manitex), Badger Equipment Company (Badger), PM Oil and Steel S.p.A. (PM or PM Group), Manitex Valla S.r.L. (Valla) and Crane and Machinery, Inc. (C&M)