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The Manitowoc Company (MTW) in Focus: Stock Jumps 6.4%

The Manitowoc Company, Inc. MTW was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 27.3% since Apr 6, 2016.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

The Manitowoc Company currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

A better-ranked stock in the industrial products space is Century Aluminum Co. CENX, sporting a Zacks Rank #1 (Strong Buy).

Is MTW going up? Or down? Predict to see what others think: Up or Down

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
MANITOWOC INC (MTW): Free Stock Analysis Report
 
CENTURY ALUM CO (CENX): Free Stock Analysis Report
 
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