Joy Global (JOY) Stock Rating Reaffirmed by AltaCorp Capital

Joy Global (NYSE:JOY)‘s stock had its “hold” rating restated by analysts at AltaCorp Capital in a research note issued to investors on Monday.

Shares of Joy Global (NYSE JOY) traded up $0.01 during mid-day trading on Monday, reaching $28.30. 7,372,200 shares of the company’s stock were exchanged, compared to its average volume of 1,134,372. Joy Global has a twelve month low of $14.04 and a twelve month high of $28.55. The stock has a market capitalization of $2,820.00, a PE ratio of -117.92 and a beta of 1.96. The company has a current ratio of 2.45, a quick ratio of 1.40 and a debt-to-equity ratio of 0.70.

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About Joy Global

Joy Global Inc is a manufacturer and servicer of mining equipment for the extraction of metals and minerals. The Company manufactures and markets original equipment and parts, and performs services for both underground and surface mining, as well as certain industrial applications. It operates in two business segments: Underground Mining Machinery (Underground) and Surface Mining Equipment (Surface).

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