Manitex International Inc. (MNTX) is Trading Lower on Unusual Volume for December 29

Equities Staff |

Manitex International Inc. (MNTX) experienced unusually high volume on Dec. 29, as the stock lost 6.77% to a closing price of $5.92. The stock saw 91,978 shares trade hands over the course of the day on 876 trades. Given that the stock’s average daily volume over the last month has been 52,796 shares a day, this represents a pretty substantial spike over the norm.

Manitex International Inc. has a P/B ratio of 0.83. It also has a P/E ratio of 158.8. The stock has traded between $13.07 and $5.12 over the last 52-weeks, its 50-day SMA is now $6.38, and its 200-day SMA $7.33.

Manitex International Inc, through its subsidiaries, is engaged in the design, manufacture and distribution of engineered lifting solutions. Its products include boom trucks, truck cranes and sign cranes, reach stackers & associated lifting equipment.

Headquartered in Bridgeview, IL, Manitex International Inc. has 663 employees and is currently under the leadership of CEO David J. Langevin.

For a complete fundamental analysis analysis of Manitex International Inc., check out’s Stock Valuation Analysis report for MNTX. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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