McGrath RentCorp (NASDAQ:MGRC) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 8, 2016
Having a price of $31.78, McGrath RentCorp (NASDAQ:MGRC) traded -0.94% lower on the day. With the last close up 8.80% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. MGRC has recorded a 50-day average of $31.81 and a two hundred day average of $29.16. Trade Volume was up over the average, with 94,307 shares of MGRC changing hands over the typical 92,171
Zacks Investment Research has downgraded McGrath RentCorp (NASDAQ:MGRC) to Sell in a statement released on 10/6/2016.
Recent Performance Chart
McGrath RentCorp has PE ratio of 18.89 with a one year low of $21.46 and a one year high of $33.35 and has a market capitalization of $0.
General Company Details For McGrath RentCorp (NASDAQ:MGRC)
McGrath RentCorp is a diversified business-to-business rental company with four rental divisions: relocatable modular buildings, portable storage containers, electronic test equipment, and liquid and solid containment tanks and boxes. The Company operates in four business segments: modular building and portable storage segment (Mobile Modular); electronic test equipment segment (TRS-RenTelco); a subsidiary providing containment solutions for the storage of hazardous and non-hazardous liquids and solids segment (Adler Tanks), and a subsidiary classroom manufacturing business selling modular buildings used primarily as classrooms in California (Enviroplex). The Mobile Modular business segment includes Mobile Modular Portable Storage division. The TRS-RenTelco rents and sells electronic test equipment. The Adler Tanks segment offers tanks and boxes used to store hazardous and non-hazardous liquids and solids. Enviroplex manufactures portable classrooms.
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