Toromont Industries (OTCMKTS:TMTNF) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Toromont Industries Ltd. (OTCMKTS:TMTNFGet Free Report)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $80.52 and traded as high as $86.06. Toromont Industries shares last traded at $86.06, with a volume of 6,641 shares traded.

Toromont Industries Stock Performance

The stock’s 50-day simple moving average is $80.52 and its 200 day simple moving average is $86.54.

Toromont Industries Company Profile

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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.

Further Reading

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