PACCAR (PCAR) Shares are Down -0.12%

PACCAR (PCAR) has risen sharply, recording gains of 1.49% in the past 4 weeks. However, the stock has corrected -0.12% in the past 1 week, providing a good buying opportunity on dips. PACCAR (PCAR) : Traders are bullish on PACCAR (PCAR) as it has outperformed the S&P 500 by a wide margin of 1.71% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.54%, relative to the S&P 500.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.16% and the fifty day Moving Average is 7.75%. PACCAR Inc. is up 8.03% in the last three month period. Year-to-Date the stock performance stands at 27.94%.

PACCAR (PCAR) : The consensus price target for PACCAR (PCAR) is $57 for the short term with a standard deviation of $7.84. The most optimist securities analyst among the 11 who monitor the stock believes that the stock can reach $67, however, the pessimist price target for the company is $44.


PACCAR (NASDAQ:PCAR): On Fridays trading session , Opening price of the stock was $60.1 with an intraday high of $60.75. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $59.6. However, the stock managed to close at $59.85, a loss of 0.13% for the day. On the previous day, the stock had closed at $59.93. The total traded volume of the day was 1,189,144 shares.

PACCAR Inc is a company operating in three principal industry segments: the Truck segment, includes the design, manufacture and distribution of light-, medium- and heavy-duty commercial trucks; the Parts segment, includes the distribution of aftermarket parts for trucks and related commercial vehicles, and the Financial Services segment, includes finance and leasing products and services provided to customers and dealers in the United States, Canada, Mexico, Europe and Australia. The Company also operates in Australia and Brazil, and sells trucks and parts to customers in Asia, Africa, Middle East and South America. The Companys trucks are marketed under the Kenworth, Peterbilt and DAF nameplates. It also manufactures industrial winches in two plants in the United States.

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