Manitowoc traded at $12.20 this Friday May 15th, decreasing $0.53 or 4.16 percent since the previous trading session. Looking back, over the last four weeks, Manitowoc lost 1.61 percent. Over the last 12 months, its price rose by 3.74 percent. Looking ahead, we forecast Manitowoc to be priced at 12.87 by the end of this quarter and at 12.09 in one year, according to Trading Economics global macro models projections and analysts expectations.
The Manitowoc Company, Inc. is a provider of engineered lifting solutions. The Company, through its subsidiaries, designs, manufactures, markets, and supports product lines of mobile hydraulic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks. The Company's segments include Americas; Europe and Africa (EURAF); and Middle East and Asia Pacific (MEAP). It designs and manufactures a line of slewing and self-erecting tower cranes, which it sells under the Potain brand name. It designs and manufactures mobile hydraulic cranes, which it sells under the Grove, Shuttlelift and National Crane brand names. It also provides crane product parts and services and crane rebuilding, remanufacturing and training services. The Company serves a variety of customers, including dealers, rental companies, contractors, and government entities, across the petrochemical, industrial, commercial construction, power and utilities, infrastructure and residential construction end markets.