Stocks to Watch: Toromont Industries Ltd. (TSX:TIH) Up +1.07%

At close of market on Thursday, Toromont Industries Ltd. (TSX:TIH) stock finished trading at +1.07%, bringing the stock price to $59.75 on the Toronto Stock Exchange. The stock price saw a low of $59.61 and a high of $60.40.

The company’s stock was traded 1,317 times with a total of 250,780 shares traded.

Toromont Industries Ltd. has a market cap of $4.87 billion, with 81.48 million shares in issue.

Toromont Industries Ltd is a Canadian industrial company. The company operates two business segments: Equipment Group and CIMCO. The larger segment by revenue, Equipment Group includes a Caterpillar dealership and rental operation of construction equipment. CIMCO offers solutions for the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems. The company operates primarily in Canada and derives a smaller portion of sales from the United States of America.

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