Company Shares of Wabash National Corporation (NYSE:WNC) Rally 3.78%

Wabash National Corporation (NYSE:WNC) has been under a strong bear grip, hence the stock is down -7.74% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.46% in the past 1 week. The stock has risen by 3.78% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.25% in the past 4 weeks.

The company shares have rallied 5.69% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $14.97 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $13.41 and the 200 Day Moving Average price is recorded at $12.56.

The stock has recorded a 20-day Moving Average of 2.03% and the 50-Day Moving Average is 3.07%.


Wabash National Corporation (NYSE:WNC): stock turned positive on Friday. Though the stock opened at $12.9, the bulls momentum made the stock top out at $13.21 level for the day. The stock recorded a low of $12.89 and closed the trading day at $13.19, in the green by 3.69%. The total traded volume for the day was 942,843. The stock had closed at $12.72 in the previous days trading.

In an insider trading activity, The officer (SVP, Group President, CTP), of Wabash National Corp /De, Yeagy Brent L had unloaded 22,987 shares at $13.95 per share in a transaction on May 24, 2016. The total value of transaction was $320,669. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Wabash National Corporation (Wabash) is engaged in designing, manufacturing and marketing standard and customized truck and tank trailers and related transportation equipment. The Company operates in three segments: Commercial Trailer Products, Diversified Products and Retail. The Commercial Trailer Products segment manufactures standard and customized truck trailers. The Diversified Products segment focuses to expand its customer base, diversify its product offerings, end markets and revenues. The Retail segment includes its 15 Company-owned retail branch locations, which are strategically located in metropolitan areas to provide additional opportunities to distribute its products. The Companys commercial trailer product trademarks include Wabash, DuraPlate, DuraPlateHD, DuraPlate XD-35, FreightPro, ArcticLite, RoadRailer, Transcraft, Eagle, Eagle II, D-Eagle and Benson. Its three trailer drag reduction systems include Ventix DRS, AeroFin and AeroSkirt CX.

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