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Hyster-Yale Materials Handling Inc (NYSE:HY) has been downgraded to Sell in a statement by BidaskClub earlier today.

BidaskClub has downgraded Hyster-Yale Materials Handling Inc (NYSE:HY) to Sell in a statement released on 07/08/2017.

Boasting a price of $69.76, Hyster-Yale Materials Handling Inc (NYSE:HY) traded 2.94% higher on the day. With the last close up 3.05% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Hyster-Yale Materials Handling Inc has recorded a 50-day average of $69.95 and a two hundred day average of $65.67. Volume of trade was up over the average, with 92,952 shares of HY changing hands over the typical 66,892

Performance Chart

Hyster-Yale Materials Handling Inc (NYSE:HY)

With a total market value of $0, Hyster-Yale Materials Handling Inc has price-earnings ratio of 18.91 with a one year low of $47.25 and a one year high of $76.48 .

A total of 4 analysts have released a research note on HY. zero analysts rating the company a strong buy, one analyst rating the company a buy, three 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 $61.25.

More About Hyster-Yale Materials Handling Inc (NYSE:HY)

Hyster-Yale Materials Handling, Inc. is a lift truck manufacturer. The Company designs, engineers, manufactures, sells and services a line of lift trucks, attachments and aftermarket parts marketed globally under the Hyster and Yale brand names, mainly to independent Hyster and Yale retail dealerships. The Company operates through five segments: the Americas, EMEA, JAPIC, Bolzoni and Nuvera. The Company offers a range of solutions, including attachments and hydrogen fuel cell power products, telematics, automation and fleet management services, as well as an array of other power options for its lift trucks. The Company's segments for the lift truck business include three management units: the Americas, EMEA and JAPIC. Americas includes operations in the United States, Canada, Mexico, Brazil, Latin America and its corporate headquarters. EMEA includes operations in Europe, the Middle East and Africa. JAPIC includes operations in the Asia and Pacific regions including China.

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