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How to Buy Manitex International Stock

Manitex International Inc

Manitex International, Inc. provides engineered lifting solutions in the United States, Italy, Canada, France, Chile, and internationally. It designs, manufactures, and distributes products that are used in various industries.

Manitex International stock last closed at $7.39, up 2.5% from the previous day, and has increased 42.66% in one year. It has overperformed other stocks in the Farm & Heavy Construction Machinery industry by 0.23 percentage points. Manitex International stock is currently +98.66% from its 52-week low of $3.72, and -19.32% from its 52-week high of $9.16.

There are currently 20.27M shares of MNTX outstanding. The market cap of MNTX is $149.82M. In the past 24 hours, 80,556 MNTX shares were traded.

How to Buy Manitex International Stock

Not sure how to invest in Manitex International stock? Here's how.
  1. Figure out where to buy Manitex International stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Manitex International stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Choose your payment method and add your info.
  4. Research Manitex International stock: The Manitex International ticker symbol is MNTX. Is Manitex International stock a good investment? Should you buy shares of MNTX? How do MNTX's underlying business fundamentals look? Do top analysts think Manitex International is a good buy? Why has MNTX's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if MNTX is a good stock to buy).
  5. Place your MNTX buy order: Decide if you will purchase MNTX shares at the current market price or use a limit order to purchase MNTX shares at a particular price.
  6. Get notifications regarding your investment in MNTX: Create a watchlist to track your new investment in Manitex International shares.

Step 1: Figure out where to buy Manitex International stock

You need an online brokerage account in order to access the NASDAQ market and buy MNTX stock.

A brokerage account enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen your brokerage, it's time to fill out some personal details so you can buy MNTX stock today.

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Step 3: Fund your brokerage account

Now that you've finished signing up on the stock trading app, you can securely and quickly fund your account:

Watch the video below if you need help depositing money into your brokerage account.

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Step 4: Research Manitex International stock

Once you have decided on the best place to buy Manitex International stock, it's very important to research their stock before you invest, so you can understand the risk and upside.

Manitex International quick stats

MNTX Price
$7.39
1w %
6.95%
1y %
42.66%
5y %
-3.9%
P/E
20.53x
P/B
2.15x
P/S
0.51x
PEG
N/A
Revenue
$291.39M
Earnings
$7.36M
Fore. Rev. Growth
6.4%
Fore. Earn. Growth
N/A
Market Cap
$149.82M
Next Earnings
May 2, 2024
Next Dividend
N/A

Fundamentals of MNTX

WallStreetZen was created to help average investors perform more in-depth fundamental analysis.

You can view all of the due diligence checks on MNTX's stock page.

Is MNTX stock properly valued?

Analysts use many financial metrics, analyses, models, and charts to gauge MNTX's fair value.

Using relative valuations ratios:

  • MNTX may be overvalued based on its P/E ratio of 20.53x, relative to Farm & Heavy Construction Machinery industry P/E ratio of 14.73x
  • MNTX could be undervalued based on its P/B ratio of 2.15x, relative to Farm & Heavy Construction Machinery industry P/B ratio of 5.07x

You can do additional valuation analysis on MNTX's stock here.

MNTX Financials at a glance

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the MNTX balance sheet.
  • There are more short-term assets than long-term liabilities on the MNTX balance sheet.
  • MNTX has cash burn of 4858000. It has sufficient cash and short-term investments to cover this for at least one year.
  • MNTX profit margin has gone up from -1.8% to 2.5% in the past year.
  • MNTX has $9.48M in cash and short term investments. This is enough to cover its annual cash burn of $4.86M.

Negative Health Checks:

  • MNTX has a relatively high debt to equity ratio of 2.53.
  • Total MNTX debt is higher than 5 years ago, relative to shareholder equity.

You can dive deeper into what analysts are saying on the Manitex International stock forecast page.

MNTX Trading Indicators

SMA10
6.91
SMA20
6.78
SMA50
7.14
SMA100
7.14
SMA200
5.97
MACD
0.03
MACD Signal
-0.07
MACD Histogram
0.11
RSI
61.02
Stochastic %K
90.26
Stochastic %D
77.23
StochRSI %K
100
StochRSI %D
93.35

How is MNTX performing as a company?

Last year, MNTX revenue was $291.39M. During the past five year, MNTX's revenue has grown by 3.78% per year. This was slower than the Farm & Heavy Construction Machinery industry average of 6.63%.

Find out more about MNTX's earnings and revenue performance here.

What are MNTX executives and large shareholders up to?

Over the last year, executives and large shareholders at MNTX have sold more shares than they have bought.

David J. Langevin, Executive Chairman of MNTX, was the latest MNTX insider to sell. They sold $9,037.50 worth of MNTX shares on Jun 2, 2023.

Get more info about who owns MNTX stock here.

Can I get consistent income from MNTX stock?

No, Manitex International doesn't provide an income stream by paying out dividends.

What do other investors have to say about MNTX?

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Place your MNTX buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a given price, place a limit order.

Click the Open Trade button and your broker will place your order.

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Step 6: Get notifications regarding your investment in MNTX

Now that you own some MNTX shares, you'll want to stay up-to-date on your stock purchase.

Make a watchlist to keep tabs on your MNTX stock.

MNTX Feed

How to Buy Stock in Manitex International

To summarize, here are the 6 steps to buy Manitex International stock:

  1. Figure out where to buy Manitex International stock
  2. Create your brokerage account
  3. Fund your brokerage account
  4. Research Manitex International stock
  5. Place your MNTX buy order
  6. Get notifications regarding your investment in MNTX

If you require a place to buy stocks, eToro is our favorite option.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your investment in Manitex International, create a watchlist on WallStreetZen today.

NASDAQ: MNTX
$7.39+0.18 (+2.5%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: MNTX
$7.39+0.18 (+2.5%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Manitex International share?

As of Mar 27, 2024, it costs $7.39 to buy one share of Manitex International stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.406 shares of MNTX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Manitex International stock?

One way to place an order for Manitex International stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.