Mcgrath Rent traded at $111.75 this Friday May 15th, decreasing $3.81 or 3.30 percent since the previous trading session. Looking back, over the last four weeks, Mcgrath Rent lost 3.15 percent. Over the last 12 months, its price fell by 3.45 percent. Looking ahead, we forecast Mcgrath Rent to be priced at 112.27 by the end of this quarter and at 105.44 in one year, according to Trading Economics global macro models projections and analysts expectations.
McGrath RentCorp is a diversified business-to-business rental company. The Company operates through rental divisions such as relocatable modular buildings, portable storage containers, electronic test equipment, and liquid and solid containment tanks and boxes. The Company operates through four business segments: modular building and portable storage segment (Mobile Modular); electronic test equipment segment (TRS-RenTelco); its containment solutions for the storage of hazardous and non-hazardous liquids and solids segment (Adler Tanks), and its classroom manufacturing business selling modular buildings used primarily as classrooms in California (Enviroplex). The Mobile Modular business segment includes Mobile Modular Portable Storage division.