Toromont Industries Ltd. (OTCMKTS:TMTNF – Get Free Report)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $92.70 and traded as high as $95.11. Toromont Industries shares last traded at $95.11, with a volume of 185 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Raymond James restated a “market perform” rating and set a $135.00 price objective on shares of Toromont Industries in a report on Thursday, April 11th.
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Toromont Industries Price Performance
Toromont Industries Company Profile
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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