Toromont Industries Ltd.

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Toromont Industries Ltd. (TIH) Price Performance

Toromont Industries Ltd. (TIH) trades on Toronto Stock Exchange in CAD. The company is classified in the Industrials sector under the Industrial Distribution industry. The stock currently trades at CAD194.32, up 2.24% from the previous close.

Over the past year, TIH has traded between a low of CAD107.56 and a high of CAD213.79. The stock has gained 70.1% over this period. It is currently 9.1% below its 52-week high.

Toromont Industries Ltd. has a market capitalization of $16.02B, with a price-to-earnings ratio of 32.35 and a dividend yield of 1.03%.

About Toromont Industries Ltd.

Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the supply and rent business; providing product support services for specialized mobile equipment, industrial engines, material handling lift trucks, and heavy equipment rentals; designing and fabricating power generation and storage enclosures; suppling control systems for specialized mobile equipment; and developing distributed generators and combined heat and power projects using Caterpillar engines. This segment serves road building, mining, aggregates, public infrastructure, residential construction, power generation, forestry, on-highway truck engines, industrial, demolition and waste management markets. The CIMCO segment is involved in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets, as well as supplies thermal management solutions. This segment primarily serves beverage and food processing, cold storage, food distribution, mining, and recreational ice rink sectors. Toromont Industries Ltd. was founded in 1961 and is headquartered in Concord, Canada.