EQPT (NASDAQ:EQPT) Hits New 52-Week Low – Should You Sell?

EQPT (NASDAQ:EQPT)’s stock price hit a new 52-week low on Friday . The stock traded as low as $27.75 and last traded at $27.75, with a volume of 449110 shares trading hands. The stock had previously closed at $29.46.

Analyst Ratings Changes

EQPT has been the topic of a number of recent analyst reports. Robert W. Baird started coverage on shares of EQPT in a research report on Tuesday, February 17th. They issued an “outperform” rating and a $63.00 price objective on the stock. Wall Street Zen cut EQPT from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. Wells Fargo & Company started coverage on EQPT in a research report on Tuesday, February 17th. They set an “overweight” rating and a $41.00 price objective for the company. Truist Financial began coverage on EQPT in a report on Tuesday, February 17th. They issued a “buy” rating and a $43.00 price objective on the stock. Finally, KeyCorp assumed coverage on EQPT in a research note on Tuesday, February 17th. They set a “sector weight” rating for the company. Six equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $43.75.

EQPT Stock Performance

About EQPT

EquipmentShare.com Inc provides integrated, full-service construction solutions across equipment rental, sales and technology. EquipmentShare.com Inc is based in Columbia, Missouri.