Manitowoc Co., Inc (MTW) went up 15.28% yesterday: Is this the Most Sought-After Stock Today?

Manitowoc Co., Inc (NYSE: MTW) started the day on Wednesday, with a price increase of 15.28% at $10.94, before settling in for the price of $9.49 at the close. Taking a more long-term approach, MTW posted a 52-week range of $8.50-$17.65.

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In the past 5-years timespan, the Industrials sector firm’s annual sales growth was 4.99%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -67.67%. This publicly-traded company’s shares outstanding now amounts to $35.09 million, simultaneously with a float of $33.76 million. The organization now has a market capitalization sitting at $384.28 million. At the time of writing, stock’s 50-day Moving Average stood at $9.63, while the 200-day Moving Average is $11.88.

Manitowoc Co., Inc (MTW) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Farm & Heavy Construction Machinery Industry. Manitowoc Co., Inc’s current insider ownership accounts for 3.88%, in contrast to 78.32% institutional ownership. According to the most recent insider trade that took place on Nov 01 ’24, this organization’s EVP & Chief Financial Officer bought 1,200 shares at the rate of 8.86, making the entire transaction reach 10,633 in total value, affecting insider ownership by 109,486. Preceding that transaction, on Nov 01 ’24, Company’s EVP, Human Resources bought 1,000 for 8.90, making the whole transaction’s value amount to 8,900. This particular insider is now the holder of 42,120 in total.

Manitowoc Co., Inc (MTW) Earnings and Revenue Records

Manitowoc Co., Inc’s EPS decrease for this current 12-month fiscal period is -67.67% and is forecasted to reach 0.85 in the upcoming year.

Manitowoc Co., Inc (NYSE: MTW) Trading Performance Indicators

Let’s observe the current performance indicators for Manitowoc Co., Inc (MTW). It’s Quick Ratio in the last reported quarter now stands at 0.60. The Stock has managed to achieve an average true range (ATR) of 0.58. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.18.

In the same vein, MTW’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.25, a figure that is expected to reach 0.14 in the next quarter, and analysts are predicting that it will be 0.85 at the market close of one year from today.

Technical Analysis of Manitowoc Co., Inc (MTW)

If we take a close look at the recent performances of Manitowoc Co., Inc (NYSE: MTW), its last 5-days Average volume was 0.61 million that shows progress from its year to date volume of 0.27 million. During the previous 9 days, stock’s Stochastic %D was recorded 49.02% While, its Average True Range was 0.68.

Raw Stochastic average of Manitowoc Co., Inc (MTW) in the period of the previous 100 days is set at 49.24%, which indicates a major fall in contrast to 92.42% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 95.14% that was higher than 57.25% volatility it exhibited in the past 100-days period.