NEW YORK ( TheStreet) -- The Manitowoc Co Inc (NYSE: MTW) hit a new 52-week low Monday as it is currently trading at $6.54, below its previous 52-week low of $6.56 with 266,732 shares traded as of 9:40 a.m. ET. Average volume has been 3.7 million shares over the past 30 days.

The Manitowoc Co has a market cap of $984 million and is part of the industrial goods sector and industrial industry. Shares are down 48.8% year to date as of the close of trading on Friday.

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 The Manitowoc Co as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally weak debt management, disappointing return on equity, poor profit margins and weak operating cash flow. You can view the full The Manitowoc Co Ratings Report.

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