Toromont Industries Ltd. (OTCMKTS:TMTNF – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $80.41 and traded as high as $83.22. Toromont Industries shares last traded at $83.22, with a volume of 1,703 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets reaffirmed an “outperform” rating on shares of Toromont Industries in a research report on Friday, October 18th.
Check Out Our Latest Report on Toromont Industries
Toromont Industries Stock Down 1.5 %
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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