Shares of Manitowoc Company Inc. (The) (NYSE:MTW) traded at a new 52-week high today of $23.80. This new high was reached on below average trading volume as 199,000 shares traded hands, while the average 30-day volume is approximately 422,000 shares.
Manitowoc Company Inc. (The) share prices have moved between a 52-week high of $23.80 and a 52-week low of $7.24 and are now trading 223% above that low price at $23.41 per share.
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) defies analysts with a current price ($23.41) 6.3% above its average consensus price target of $21.95.
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