Oshkosh Corporation (NYSE:OSK) : Traders are bullish on Oshkosh Corporation (NYSE:OSK) as it has outperformed the S&P 500 by a wide margin of 5.11% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.29% in the last 1 week, and is up 6.8% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 16.72% from its 1 Year high price. On Apr 29, 2016, the shares registered one year high at $49.71 and the one year low was seen on Jan 28, 2016. The 50-Day Moving Average price is $46.43 and the 200 Day Moving Average price is recorded at $40.21.
The stock has recorded a 20-day Moving Average of 4.63% and the 50-Day Moving Average is 5.36%.
Oshkosh Corporation (NYSE:OSK): stock turned positive on Friday. Though the stock opened at $47.24, the bulls momentum made the stock top out at $48.73 level for the day. The stock recorded a low of $47.24 and closed the trading day at $48.66, in the green by 4.20%. The total traded volume for the day was 684,334. The stock had closed at $46.7 in the previous days trading.
In an insider trading activity,The director of Oshkosh Corp, Donnelly Richard M sold 900 shares at $45.39 on May 20, 2016. The Insider selling transaction had a total value worth of $40,851. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The companys brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London. The Company operates through four segments: Access equipment, Defense, Fire & emergency and Commercial. The Access equipment segment provides aerial work platforms and telehandlers to position workers and materials at elevated heights. The Defense segment provides supply parts and services and wheeled vehicles. The Fire & Emergency segment manufactures and markets commercial and custom fire vehicles, simulators and emergency vehicles. The Commercial segment manufactures, markets and distributes concrete mixers, portable concrete batch plants, and vehicle and vehicle body components.