Stock Rating Upgrade
The Value Trend Rating for The Manitowoc Co Inc (NYSE: MTW) improved of late from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
The Manitowoc Co Inc (NYSE: MTW) stock closed at $8.40 on 1/10/25 after a decline of -2.7%. However, below average trading volume at 73% of normal accompanied the decline. The stock has declined -8.0% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Manitowoc has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Manitowoc has a good Appreciation Score of 85 but a very low Power Rating of 4, and the Low Neutral Value Trend Rating results.
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