Manitowoc Company (The) (MTW) : During the past 4 weeks, traders have been relatively bearish on Manitowoc Company (The) (MTW), hence the stock is down -11.48% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.54% relative to the S&P 500. The 4-week change in the price of the stock is -11.67% and the stock has fallen -2.19% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 4.34% and the fifty day Moving Average is 8.43%. The Manitowoc Company, Inc. has dropped 13.38% during the last three month period . Year-to-Date the stock performance stands at -67.95%.
Manitowoc Company (The) (MTW) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $7 and the lowest price target forecast is $5. The average forecast of all the analysts is $5.5 and the expected standard deviation is $1.04.
Manitowoc Company (The) (NYSE:MTW): stock turned positive on Friday. Though the stock opened at $4.88, the bulls momentum made the stock top out at $5 level for the day. The stock recorded a low of $4.86 and closed the trading day at $4.92, in the green by 1.03%. The total traded volume for the day was 1,556,226. The stock had closed at $4.87 in the previous days trading.
The Manitowoc Company, Inc. (MTW) is a multi-industry capital goods manufacturer. The Company operates in two markets: Cranes and Related Products (Crane) and Foodservice Equipment (Foodservice). Crane is a provider of engineered lifting equipment for the global construction industry, including lattice-boom cranes, tower cranes, mobile telescopic cranes and boom trucks. Foodservice is a manufacturer of commercial foodservice equipment serving the ice, beverage, refrigeration, food-preparation, holding and cooking needs of restaurants, convenience stores, hotels, healthcare and institutional applications. Its Crane products are marketed under the Manitowoc, Grove, Potain, National Crane, Shuttlelift and Manitowoc Crane Care brand names. Its Foodservice products, services and solutions are marketed under Cleveland, Convotherm, Dean, Delfield, Fabristeel, Frymaster, Garland, Inducs, Koolaire, Kolpak, Kysor Panel Systems and U.S. Range, Lincoln, Manitowoc Ice and Merrychef, among others.