Hyster-Yale (HY) Stock Surges 5.01% Amid Strong Sector Performance

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24 hours ago
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Hyster-Yale, Inc. (HY, Financial) experienced a significant stock price increase of 5.01%. The stock is currently trading at $56.15 per share with a trading volume of 114,878 shares, marking a turnover rate of 0.66% and an amplitude of 7.82%.

The company's recent financial report showed a revenue of $1.016 billion, a net profit of $17.2 million, earnings per share (EPS) of $0.98, and a gross profit of $180 million. With a price-to-earnings (P/E) ratio of 6.28, the stock is drawing interest from investors. Among the two institutions that rated the stock, 50% recommended a "buy" and the other 50% suggested "hold." No institutions advised selling the stock.

Within the industrial distribution sector, where Hyster-Yale operates, the overall increase was 5.15%. Notable gainers in the sector included Manitowoc, Astec Industries, and Titan International. Additionally, Agrify Corporation, Nikola, and Blue Bird Corporation had active trading, with turnover rates of 19.33%, 6.13%, and 4.83%, respectively. Stocks with significant amplitude included Xos Inc C/Wts (To Pur Com) at 23.71%, Urban-Gro, Inc. at 16.10%, and Astec Industries at 14.42%.

Hyster-Yale, Inc. designs, manufactures, and sells a comprehensive range of forklifts, accessories, aftermarket, and technical solutions globally, primarily under the Hyster and Yale brands.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.