Manitex International Stock Price on March 14, 2024

MNTX Stock  USD 5.73  0.01  0.17%   
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 5.73, as last reported on the 26th of November, with the highest price reaching 5.75 and the lowest price hitting 5.73 during the day.
IPO Date
15th of February 2005
200 Day MA
5.5449
50 Day MA
5.6782
Beta
0.768
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Manitex Stock, it is important to understand the factors that can impact its price. Manitex International appears to be relatively risky, given 3 months investment horizon. Manitex International has Sharpe Ratio of 0.0933, which conveys that the firm had a 0.0933% return per unit of risk over the last 3 months. By analyzing Manitex International's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please exercise Manitex International's Mean Deviation of 1.77, risk adjusted performance of 0.0901, and Downside Deviation of 2.18 to check out if our risk estimates are consistent with your expectations.
  
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.

Sharpe Ratio = 0.0933

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Estimated Market Risk

 6.2
  actual daily
55
55% of assets are less volatile

Expected Return

 0.58
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Manitex International is performing at about 7% of its full potential. 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 it to a well-diversified portfolio.
Price Book
1.551
Enterprise Value Ebitda
7.3773
Price Sales
0.3972
Shares Float
14.9 M
Wall Street Target Price
5.8

Manitex International Valuation on March 14, 2024

It is possible to determine the worth of Manitex International on a given historical date. On March 14, 2024 Manitex was worth 6.48 at the beginning of the trading date compared to the closed value of 6.45. 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
  6.28    6.45    6.27    6.42    39,664  
03/14/2024
  6.48    6.52    6.35    6.45    28,993  
  6.50    6.89    6.50    6.78    35,834  
Backtest Manitex International  |  Manitex International History  |  Manitex International Valuation   PreviousNext  
Open Value
6.48
6.45
Closing Value
25.07
Upside

Manitex International Trading Date Momentum on March 14, 2024

On March 15 2024 Manitex International was traded for  6.78  at the closing time. The top price for the day was 6.89  and the lowest listed price was  6.50 . The trading volume for the day was 35.8 K. The trading history from March 15, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 5.12% . The trading delta at closing time against the current closing price is 6.51% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding20.2 M13.5 M
Net Loss-4.4 M-4.6 M

Manitex International Quarterly Net Working Capital

51.62 Million

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.
A focus of Manitex International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Manitex International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Manitex International Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Manitex International cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Manitex International November 26, 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.

Additional 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.