McGrath RentCorp (MGRC) Soars 1.11%

McGrath RentCorp (MGRC) Soars 1.11%

McGrath RentCorp is a McGrath RentCorp is a rental company.

McGrath RentCorp (MGRC) had a good day on the market for Tuesday March 30 as shares jumped 1.11% to close at $81.23. About 69,545 shares traded hands on 1,805 trades for the day, compared with an average daily volume of n/a shares out of a total float of 24.13 million. After opening the trading day at $80.73, shares of McGrath RentCorp stayed within a range of $81.80 to $80.73.

With today’s gains, McGrath RentCorp now has a market cap of $1.96 billion. Shares of McGrath RentCorp have been trading within a range of $86.77 and $45.71 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

McGrath RentCorp is a rental company. It is comprised of four reportable business segments: Modular building and portable storage segment (Mobile Modular), Electronic test equipment segment (TRS-RenTelco), Containment solutions for the storage of hazardous and non-hazardous liquids and solids segment (Adler Tanks) and Classroom manufacturing division selling modular classrooms in California (Enviroplex). The company generates its revenues primarily from the rental of its equipment on operating leases with sales of equipment occurring in the normal course of business.

McGrath RentCorp is based out of Livermore, CA and has some 1,061 employees. Its CEO is Joseph F. Hanna.

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