Shares of Manitowoc Company Inc. (The) (NYSE:MTW) traded today at $24.13, eclipsing its 52-week high. This new high was reached on below average trading volume as 126,000 shares traded hands, while the average 30-day volume is approximately 403,000 shares.
Manitowoc Company Inc. (The) (NYSE:MTW) is currently priced 0.1% above its average consensus analyst price target of $23.16.
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.
In the past 52 weeks, Manitowoc Company Inc. (The) share prices are bracketed by a low of $7.24 and a high of $24.13 and is now at $23.18, 220% above that low price.
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