Toromont Industries Ltd (OTCMKTS:TMTNF)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $48.06 and traded as low as $48.86. Toromont Industries shares last traded at $48.89, with a volume of 700 shares trading hands.

The firm has a 50-day simple moving average of $48.06 and a 200 day simple moving average of $48.31.

Toromont Industries Company Profile (OTCMKTS:TMTNF)

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 is involved 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.

See Also: Fundamental Analysis

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