Manitex International, Inc. provides engineered lifting solutions. The company designs, manufactures, and distributes products that are used in various industries. It offers boom trucks and crane products primarily for use in industrial projects, energy exploration, and infrastructure development, including roads, bridges, and commercial construction. The company manufactures rough terrain cranes and material handling products for construction, municipality, and railroad industries; and truck mounted hydraulic knuckle boom cranes. It sells its products through dealers and rental distribution channel. The company was formerly known as Veri-Tek International, Corp. and changed its name to Manitex International, Inc. in May 2008. Manitex International, Inc. was founded in 1993 and is headquartered in Bridgeview, Illinois.
(Summary) (Company) (Chart)
(Summary) (Company) (Chart)
Manitex International Daily Chart
Manitex International Weekly Chart
Manitex International P&F Chart
My Path Forward
I found this company on one of my scans for great fundamentals. It also popped up on a New High scan. Then one look at the price chart and I knew this had to be added to my portfolio. I'd love to buy this closer to the 200 day moving average but that may or may not be possible. Anything below $12.50 will be a small initial buy and I'll add even more on a larger pullback. These shares really look good.
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