Terex ( (TEX) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Terex Corporation’s stock is experiencing a downturn primarily due to insider selling activity and a maintained Hold rating by analysts. The company’s strategic decision to sell its tower and rough terrain cranes businesses has led to varied price targets, affecting market perception. Despite some positive developments, the negative insider sentiment indicates a cautious investor outlook.
More about Terex
YTD Price Performance: 16.01%
Average Trading Volume: 726,007
Technical Sentiment Signal: Buy
Current Market Cap: $3.48B
For further insights into TEX stock on TipRanks’ Stock Analysis page.
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