Manitowoc Co., Inc (NYSE:MTW) shares, rose in value, with the stock price up by 1.47% to the previous day’s close as strong demand from buyers drove the stock to $7.59.
Actively observing the price movement in the last trading, the stock closed the session at $7.48, falling within a range of $7.35 and $7.64. The value of beta (5-year monthly) was 1.795 whereas the PE ratio was 4.85 over 12-month period. Referring to stock’s 52-week performance, its high was $13.45, and the low was $7.06. On the whole, MTW has fluctuated by -21.75% over the past month.
With the market capitalization of Manitowoc Co., Inc currently standing at about $269.01 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-11.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.21B, with a low estimate of 480M and a high estimate of 492.9M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 484.73M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MTW’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.11, with the price of MTW currently trading nearly -8.87% and -19.48% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.36, while the 7-day volatility ratio is showing 3.94% which for the 30-day chart, stands at 5.53%. Furthermore, Manitowoc Co., Inc (MTW)’s beta value is 1.91, and its average true range (ATR) is 0.48.
A comparison of Manitowoc Co., Inc (MTW) with its peers suggests the former has fared considerably weaker in the market. MTW showed an intraday change of 1.47% in last session, and over the past year, it shrunk by -41.71%%.
Data on historical trading for Manitowoc Co., Inc (NYSE:MTW) indicates that the trading volumes over the past 10 days have averaged 0.33 and over the past 3 months, they’ve averaged 284.27K. According to company’s latest data on outstanding shares, there are 35.13 million shares outstanding.
Nearly 3.84% of Manitowoc Co., Inc’s shares belong to company insiders and institutional investors own 75.33% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.68 million shares as on 2025-03-31, resulting in a short ratio of 3.15. According to the data, the short interest in Manitowoc Co., Inc (MTW) stood at 198.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.56 million. The stock has fallen by -16.87% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MTW stock heading into the next quarter.
