Manitowoc (NYSE:MTW) SVP Thomas G. Musial unloaded 32,000 shares of Manitowoc stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $31.38, for a total value of $1,004,160.00. Manitowoc Company, Inc. (NYSE:MTW) shares after opening at $31.40 moved to $32.22 on last trade day and at the end of the day closed at $31.98. Company price to sales ratio in past twelve months was calculated as 1.05 and price to cash ratio as 75.65. Manitowoc Company, Inc. (NYSE:MTW) showed a positive weekly performance of 5.44%.
Deere & Company (NYSE:DE) and Caterpillar Inc. (NYSE:CAT) are big names in the industrial sector that have fared quite differently on the charts in recent months. To be specific, DE shares have tumbled about 4% since the turn of the year to trade at $87.70, while CAT has advanced 11.5% from its Jan. 24 intraday low of $85.88 to perch at $95.76. While both stocks are currently facing a thick layer of resistance (at $90 for DE, and at $98 for CAT), CAT appears ready for a contrarian breakout in the near term, while DE could continue to churn underneath the aforementioned barrier. Deere & Company (NYSE:DE) shares advanced 0.33% in last trading session and ended the day on $87.49. DE return on equity ratio is recorded as 38.20% and its return on assets is 6.10%. Deere & Company (NYSE:DE) yearly performance is -2.88%.
Terex Corp. (NYSE:TEX) was downgraded by research analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a report released on Thursday, TheFlyOnTheWall.com reports. They currently have a $40.00 target price on the stock. Stifel Nicolaus’ price target indicates a potential downside of 5.03% from the company’s current price. The analysts noted that the move was a valuation call. Terex Corporation (NYSE:TEX) shares moved up 1.76% in last trading session and was closed at $41.72, while trading in range of $41.46-$42.27. Terex Corporation (NYSE:TEX) year to date performance is -0.52%.
Joy Global (NYSE:JOY) was upgraded by TheStreet from a “hold” rating to a “buy” rating in a research note issued on Monday,Analyst Ratings News reports. Joy Global Inc. (NYSE:JOY) weekly performance is 1.86%. On last trading day company shares ended up $56.46. Joy Global Inc. (NYSE:JOY) distance from 50-day simple moving average 2.50%. Analysts mean target price for the company is $60.00.