Shares of Toromont Industries Ltd. (OTCMKTS:TMTNF – Get Free Report) fell 2% during trading on Thursday . The stock traded as low as $78.35 and last traded at $78.61. 1,466 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 5,110 shares. The stock had previously closed at $80.25.
Analysts Set New Price Targets
Separately, BMO Capital Markets reiterated an “outperform” rating on shares of Toromont Industries in a research note on Friday, October 18th.
Read Our Latest Analysis on Toromont Industries
Toromont Industries Stock Performance
About Toromont Industries
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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