NEW YORK (

TheStreet

) --

Manitowoc Company

(NYSE:

MTW

) hit a new 52-week high Wednesday as it traded at $21.30 compared with its previous 52-Week high of $21.25. Manitowoc is changing hands at $21.29 with 3.2 million shares traded as of 2:47 p.m. ET. Average volume has been 3.2 million shares over the past 30 days.

Manitowoc has a market cap of $2.8 billion and is part of the

industrial goods

sector and

industrial

industry. Shares are up 57.8% year to date as of the close of trading on Tuesday.

The Manitowoc Company, Inc. engages in the manufacture and sale of cranes and related products, and foodservice equipment. The company operates through two segments, Cranes and Related Products, and Foodservice Equipment.

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TheStreet Ratings rates Manitowoc as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and poor profit margins. You can view the full

Manitowoc Ratings Report

.

See all

52-week high stocks

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.

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