ALTG - Shares of Alta Equipment Group Inc. Class A (ALTG) Have Risen Above Previous 52-Week High
Alta Equipment Group Inc. Class A (NYSE:ALTG) traded at a new 52-week high today of $14.23. So far today approximately 50,000 shares have been exchanged, as compared to an average 30-day volume of 103,000 shares.
Over the past year, Alta Equipment Group Inc. Class A has traded in a range of $4.00 to $14.23 and is now at $14.03, 251% above that low.
Alta Equipment Group Inc is an integrated equipment dealership platform in the U.S. The company sell, rent, and provide parts and service support for several categories of specialized equipment, including lift trucks and aerial work platforms, cranes, earthmoving equipment and other material handling and construction equipment. Its segments are Material Handling and Construction Equipment. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks in Michigan, Illinois, Indiana, New York, Virginia and throughout the New England states whereas, the Construction Equipment segment is engaged in operations related to the sale, service, and rental of construction equipment in Michigan, Indiana, Illinois, New York, and Florida.
Based on a current price of $14.03, Alta Equipment Group Inc. Class A is currently 6.6% above its average consensus analyst price target of $13.11.
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