Douglas Dynamics Inc (NYSE:PLOW) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 5, 2016
Boasting a price of $32.04, Douglas Dynamics Inc (NYSE:PLOW) traded 1.16% higher on the day. With the last close up 23.46% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Douglas Dynamics Inc has recorded a 50-day average of $31.84 and a two hundred day average of $26.08. Volume of trade was down over the average, with 18,107 shares of PLOW changing hands under the typical 123,509
Zacks Investment Research has downgraded Douglas Dynamics Inc (NYSE:PLOW) to Hold in a statement released on Wednesday October 05, 2016.
With a total market value of $0, Douglas Dynamics Inc has price-earnings ratio of 14.07 with a one year low of $16.89 and a one year high of $32.80 .
A total of 2 analysts have released a research note on PLOW. One analyst rating the company a strong buy, zero analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $24.50.
More About Douglas Dynamics Inc (NYSE:PLOW)
Douglas Dynamics, Inc. is a manufacturer of vehicle attachments and equipment. The Company's portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, SNOWEX and WESTERN brands; turf care equipment under the TURFEX brand, and industrial maintenance equipment under the SWEEPEX brand. The Company also provides ice control equipment, snowplows, dump bodies, muni-bodies, and replacement parts. The Company offers a range of sand and salt spreaders for light trucks. The Company also provides a range of related parts and accessories. The Company also provides customized turnkey solutions to governmental agencies, such as Departments of Transportation (DOTs) and municipalities. The Company has manufacturing facilities in Milwaukee, Wisconsin; Rockland, Maine, and Madison Heights, Michigan. It also has a production facility in Manchester, Iowa. It sells its products through a distributor network primarily to professional snowplowers.
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