• Return to Headlines

Shares of MTW Down 35.0% Since Downtrend Call on Shares

By Nick Russo

SmarTrend identified a Downtrend for Manitowoc Co (NYSE:MTW) on March 1st, 2018 at $28.78. In approximately 8 months, Manitowoc Co has returned 34.98% as of today's recent price of $18.71.

In the past 52 weeks, Manitowoc Co share prices have been bracketed by a low of $2.32 and a high of $44.03 and are now at $18.71, 706% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.3% while the 200-day MA has slid 1.6%.

The Manitowoc Company, Inc. is a diversified industrial manufacturer of cranes and related products. The Company's products include lattice-boom cranes, tower cranes, mobile telescopic cranes, and boom trucks.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Manitowoc Co.

Log in and add Manitowoc Co (MTW) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights manitowoc co

Ticker(s): MTW