Just the Facts on The Manitowoc Company, Inc. (MTW)

The Manitowoc Company, Inc. (MTW) is an interesting player in the Industrial Goods space, with a focus on Farm & Construction Machinery. The stock has been active on the tape, currently trading at $9.52, up from yesterday’s close by 5.19%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

No amount of research is complete without a bird’s eye view of the financial data. The Manitowoc Company, Inc. (MTW) currently trades with a market capitalization of $1.34 Billion.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For MTW, the company currently has $26.3 Million of cash on the books, which is offset by $11 Million current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $-23.5 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $-0.02 on a per share basis this quarter. Perhaps, that suggests something about why 80.87% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how MTW has been acting. Looking at the stock’s movement on the chart, The Manitowoc Company, Inc. recorded a 52-week high of $9.21. It is now trading -0.31% off that level. The stock is trading $7.91 its 50-day moving average by -1.61%. The stock carved out a 52-week low down at $3.65.

In recent action, The Manitowoc Company, Inc. (MTW) has made a move of +18.41% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 17.45, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 7.87% with $139.30 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of MTW.

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