Terex Corporation (TEX) : Traders are bullish on Terex Corporation (TEX) as it has outperformed the S&P 500 by a wide margin of 11.86% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 8.66%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 8.59% in the last 1 week, and is up 15.61% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 12.8% and the 50-Day Moving Average is 11.37%. Terex Corporation is up 1.38% in the last 3-month period. Year-to-Date the stock performance stands at 31.48%.
Terex Corporation (NYSE:TEX): stock turned positive on Friday. Though the stock opened at $23.5, the bulls momentum made the stock top out at $24.265 level for the day. The stock recorded a low of $23.3916 and closed the trading day at $24.14, in the green by 2.51%. The total traded volume for the day was 1,466,707. The stock had closed at $23.55 in the previous days trading.
Terex Corporation is a lifting and material handling solutions company. The Company is focused providing its operations and delivering solutions for a range of commercial applications, including the construction, infrastructure, quarrying, mining, manufacturing, transportation, energy and utility industries. The Company operates in business segments: Aerial Work Platforms, Construction, Cranes, Material Handling & Port Solutions, and Materials Processing. Its products are manufactured in North and South America, Europe, Australia and Asia and sold across the world. It offers a range of products, including portable material lifts, telehandlers, wheel loaders, midi excavators, site dumpers, tower cranes, utility equipment, industrial cranes, reach stackers, washing systems, chippers and sprinter carriers, among others. Its brands include Terex, Genie, Demag and Powerscreen.