Shares of Manitowoc Company Inc. (The) (NYSE:MTW) traded at a new 52-week high today of $22.68. So far today approximately 52,000 shares have been exchanged, as compared to an average 30-day volume of 411,000 shares.
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.
Manitowoc Company Inc. (The) (NYSE:MTW) is currently priced 0.3% above its average consensus analyst price target of $22.06.
In the past 52 weeks, Manitowoc Company Inc. (The) share prices are bracketed by a low of $7.24 and a high of $22.68 and is now at $22.12, 206% above that low price.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer