Toromont Industries (OTCMKTS:TMTNF) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Toromont Industries Ltd. (OTCMKTS:TMTNF) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $85.57 and traded as low as $77.81. Toromont Industries shares last traded at $79.29, with a volume of 4,385 shares trading hands.

Toromont Industries Trading Up 1.7 %

The stock’s 50 day moving average price is $82.01 and its 200 day moving average price is $85.53.

About Toromont Industries

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 engages 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.