The Middleby Corporation (MIDD) stock surged +0.49%, trading at $134.48 on NASDAQ, up from the previous close of $133.82. The stock opened at $135.82, fluctuating between $133.95 and $136.30 in the recent session.
The Middleby Corporation designs, manufactures, markets, distributes, and services a range of foodservice, food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; and soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment, fry dispensers, bottle filling and canning equipment, and IoT solutions. The company's Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, formers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and food safety, food handling, freezing, and defrosting and packaging equipment for customers producing hot dog, dinner sausage, poultry, and lunchmeat, as well as muffin, cookie, and bread products. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, dishwashers, microwaves, cooktops, wine coolers, ice machines, and ventilation and outdoor equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The company was founded in 1888 and is based in Elgin, Illinois.
Employees | 10722 |
Beta | 1.58 |
Sales or Revenue | $4.04B |
5Y Sales Change% | 0.538% |
Fiscal Year Ends | December |
Sector | Industrials |
Industry | Industrial - Machinery |
The Middleby Corporation (NASDAQ: MIDD) stock price is $134.48 in the last trading session. During the trading session, MIDD stock reached the peak price of $136.30 while $133.95 was the lowest point it dropped to. The percentage change in MIDD stock occurred in the recent session was 0.49% while the dollar amount for the price change in MIDD stock was $0.66.
The NASDAQ listed MIDD is part of Industrial - Machinery industry that operates in the broader Industrials sector. The Middleby Corporation designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Mr. James K. Pool III
Chief Technology & Operations Officer
Mr. George F. Koether
Group Pres of business operations in Asia
Mr. Steven P. Spittle
Chief Commercial Officer
Mr. Timothy J. FitzGerald
Chief Executive Officer & Director
Mr. Bryan E. Mittelman
Chief Financial Officer
Darcy Bretz
Director of Corporation Communications
Ms. Brittany Cerwin
Chief Accounting Officer
Mr. Partha Biswas
Division Pres of Middleby India & Global Chief Information Officer
Mr. David Abi
Pres of Southbend
Mr. Martin M. Lindsay
Advisor
MIDD's closing price is 22.71% higher than its 52-week low of $109.59 where as its distance from 52-week high of $161.01 is -16.48%.
Number of MIDD employees currently stands at 10,722.
Official Website of MIDD is: https://www.middleby.com
MIDD could be contacted at phone 847 741 3300 and can also be accessed through its website. MIDD operates from 1400 Toastmaster Drive, Elgin, IL 60120, United States.
MIDD stock volume for the day was 413.71K shares. The average number of MIDD shares traded daily for last 3 months was 609.02K.
The market value of MIDD currently stands at $7.23B with its latest stock price at $134.48 and 53.77M of its shares outstanding.
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