Shares of Manitowoc Company Inc. (The) (NYSE:MTW) traded at a new 52-week high today of $22.43. Approximately 238,000 shares have changed hands today, as compared to an average 30-day volume of 398,000 shares.
Manitowoc Company Inc. (The) (NYSE:MTW) defies analysts with a current price ($21.84) 4.1% above its average consensus price target of $20.96.
In the past 52 weeks, shares of Manitowoc Company Inc. (The) have traded between a low of $7.24 and a high of $22.43 and is now at $21.84, which is 202% above that low price.
Manitowoc Co Inc is a provider of engineered lifting solutions. The company through its subsidiaries designs, manufactures, markets, and supports comprehensive product lines of mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks. It offers products under brand names such as the Grove, Manitowoc, National Crane, Potain, Shuttlelift, and Manitowoc Crane Care. The company has three reportable segments namely, the Americas segment, Europe and Africa segment, and the Middle East and the Asia Pacific segment. The firm’s customer base consists of dealers, rental companies, contractors, and government entities, across the petrochemical, industrial, commercial construction, power and utilities, infrastructure, and residential construction end markets.
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