Toromont Industries Ltd. (OTCMKTS:TMTNF – Get Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $89.34 and traded as low as $86.12. Toromont Industries shares last traded at $86.12, with a volume of 22,668 shares trading hands.
Wall Street Analyst Weigh In
Separately, Raymond James restated a “market perform” rating and issued a $135.00 price objective on shares of Toromont Industries in a report on Thursday, April 11th.
Check Out Our Latest Report on Toromont Industries
Toromont Industries Stock Up 0.1 %
About Toromont Industries
Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services.
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