Manitex International Stock Price on May 19, 2024
| MNTX Stock | USD 6.20 0.37 5.63% |
Below is the normalized historical share price chart for Manitex International extending back to February 15, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Manitex International stands at 6.20, as last reported on the 2nd of June, with the highest price reaching 6.59 and the lowest price hitting 6.12 during the day.
If you're considering investing in Manitex Stock, it is important to understand the factors that can impact its price. We consider Manitex International relatively risky. Manitex International has Sharpe Ratio of 0.0094, which conveys that the firm had a 0.0094% return per unit of risk over the last 3 months. We have found thirty technical indicators for Manitex International, which you can use to evaluate the volatility of the firm. Please verify Manitex International's Mean Deviation of 4.04, risk adjusted performance of 0.0176, and Downside Deviation of 4.64 to check out if the risk estimate we provide is consistent with the expected return of 0.0602%.
At this time, Manitex International's Other Stockholder Equity is fairly stable compared to the past year. Capital Stock is likely to rise to about 145.2 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 57.8 M in 2024. . At this time, Manitex International's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to rise to 25.21 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.08). Manitex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of February 2005 | 200 Day MA 6.2215 | 50 Day MA 6.2686 | Beta 0.86 |
Manitex |
Sharpe Ratio = 0.0094
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| Cash | Small Risk | Average Risk | MNTX | Huge Risk |
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Estimated Market Risk
| 6.42 actual daily | 56 56% of assets are less volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Manitex International is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Manitex International by adding Manitex International to a well-diversified portfolio.
Price Book 1.6628 | Enterprise Value Ebitda 8.4704 | Price Sales 0.3959 | Shares Float 14.4 M | Wall Street Target Price 9.5 |
Manitex International Main Headline on 17th of May 2024
Implied Volatility Surging for Manitex Stock Options by zacks.com
Investors need to pay close attention to Manitex stock based on the movements in the options market lately.
Manitex International Valuation on May 19, 2024
It is possible to determine the worth of Manitex International on a given historical date. On May 19, 2024 Manitex was worth 6.71 at the beginning of the trading date compared to the closed value of 6.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Manitex International stock. Still, in general, we apply an absolute valuation method to find Manitex International's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Manitex International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Manitex International's related companies.
| Open | High | Low | Close | Volume | |
| 6.66 | 6.94 | 6.54 | 6.73 | 134,518 | |
05/17/2024 | 6.71 | 6.81 | 6.52 | 6.54 | 49,851 |
| 6.46 | 7.16 | 6.40 | 7.08 | 183,864 |
| Backtest Manitex International | | | Manitex International History | | | Manitex International Valuation | Previous | Next |
Manitex International Trading Date Momentum on May 19, 2024
| On May 20 2024 Manitex International was traded for 7.08 at the closing time. The top price for the day was 7.16 and the lowest listed price was 6.40 . The trading volume for the day was 183.9 K. The trading history from May 20, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 8.26% . The trading delta at closing time against the current closing price is 5.20% . |
Manitex International Fundamentals Correlations and Trends
By evaluating Manitex International's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Manitex International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Manitex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Manitex International Stock history
Manitex International investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Manitex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Manitex International will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Manitex International stock prices may prove useful in developing a viable investing in Manitex International
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 20.2 M | 13.5 M | |
| Net Loss | -4.4 M | -4.6 M |
Manitex International Quarterly Net Working Capital |
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Manitex International Stock Technical Analysis
Manitex International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Manitex International Period Price Range
Low | May 17, 2024
| High |
6.71 | 6.54 |
Manitex International June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Manitex International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Manitex International shares will generate the highest return on investment. By undertsting and applying Manitex International stock market strength indicators, traders can identify Manitex International entry and exit signals to maximize returns
Manitex International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Manitex International's price direction in advance. Along with the technical and fundamental analysis of Manitex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Manitex to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0176 | |||
| Jensen Alpha | 0.0462 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.009 | |||
| Treynor Ratio | 0.0885 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manitex International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Manitex Stock please use our How to Invest in Manitex International guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Manitex Stock analysis
When running Manitex International's price analysis, check to measure Manitex International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Manitex International is operating at the current time. Most of Manitex International's value examination focuses on studying past and present price action to predict the probability of Manitex International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manitex International's price. Additionally, you may evaluate how the addition of Manitex International to your portfolios can decrease your overall portfolio volatility.
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Is Manitex International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Manitex International. If investors know Manitex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Manitex International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 40.777 | Earnings Share 0.47 | Revenue Per Share 14.66 | Quarterly Revenue Growth 0.081 | Return On Assets 0.045 |
The market value of Manitex International is measured differently than its book value, which is the value of Manitex that is recorded on the company's balance sheet. Investors also form their own opinion of Manitex International's value that differs from its market value or its book value, called intrinsic value, which is Manitex International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Manitex International's market value can be influenced by many factors that don't directly affect Manitex International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Manitex International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manitex International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manitex International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.