Stock Rating Downgrade
The Value Trend Rating for The Manitowoc Co Inc (NYSE: MTW) weakened in the last week from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
The Manitowoc Co Inc (NYSE: MTW) stock increased 1.5% on 1/17/25. The shares closed at $9.28. However, unusually low trading volume at 61% of normal accompanied the advance. The stock has risen 7.5% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Manitowoc has a current Value Trend Rating of D (Negative). 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 82 but a very low Power Rating of 5, resulting in the Negative Value Trend Rating.
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