Meritor Inc. is a Meritor Inc is a manufacturer of automobile parts for commercial vehicles and industrial markets.
Meritor Inc. (MTOR) had a good day on the market for Wednesday December 30 as shares jumped 1.43% to close at $27.73. About 244,908 shares traded hands on 3,475 trades for the day, compared with an average daily volume of n/a shares out of a total float of 72.31 million. After opening the trading day at $27.30, shares of Meritor Inc. stayed within a range of $27.88 to $27.24.
With today’s gains, Meritor Inc. now has a market cap of $2.01 billion. Shares of Meritor Inc. have been trading within a range of $29.10 and $10.91 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
Meritor Inc is a manufacturer of automobile parts for commercial vehicles and industrial markets. The company offers drivetrain, axle, brake, and suspension solutions for commercial trucks, trailers, buses, coaches, off-highway machinery, and defence contractors. The company serves original equipment markets as well as the aftermarket segment for the transportation and industrial sectors. Meritor generates the majority of its revenue from its commercial truck and industrial segment. Geographically, sales are focused on North American markets.
Meritor Inc. is based out of Troy, MI and has some 8,600 employees. Its CEO is Jeffrey A. Craig.