Terex Stock Gaps Up On Today's Open (TEX)

NEW YORK ( TheStreet) -- Shares of Terex (NYSE: TEX) were gapping up Thursday morning with an open price 14% higher than Wednesday's closing price. The stock closed at $14.11 Wednesday and opened today's trading at $16.08.

The average volume for Terex has been 4.3 million shares per day over the past 30 days. Terex has a market cap of $1.59 billion and is part of the industrial goods sector and industrial industry. Shares are up 4.4% year to date as of the close of trading on Wednesday.

Terex Corporation manufactures capital goods machinery products worldwide. The company has a P/E ratio of 29.4, above the average industrial industry P/E ratio of 28.2 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Terex as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally poor debt management and weak operating cash flow. You can view the full Terex Ratings Report.

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