Manitex International, Inc. is an international provider of mobile truck cranes, industrial lifting solutions, aerial work platforms, construction equipment and rental solutions that serve general construction, crane companies, and heavy industry. Co. engineers and manufactures its products in North America and Europe, distributing through independent dealers worldwide. Co.'s segments include Lifting Equipment and Rental Equipment. The Lifting Equipment segment markets a comprehensive line of boom trucks, truck cranes and sign cranes, including via its partially and wholly owned subsidiaries and distributors. We show 58 historical shares outstanding datapoints in our MNTX shares outstanding history coverage, used to compute MNTX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MNTX market cap history over the course of time is important for investors
interested in comparing MNTX's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of MNTX versus a peer is one thing; comparing
MNTX market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MNTX can fluctuate over the course of history.
With this page we aim to empower investors researching MNTX by allowing them to research the MNTX market cap history. |
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Video: The Importance of Market Cap
