Thor Industries (NYSE:THO) : Traders are bullish on Thor Industries (NYSE:THO) as it has outperformed the S&P 500 by a wide margin of 5.21% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.6%, 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 2.91% in the last 1 week, and is up 6.91% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 26.27% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $71.33 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $65.41 and the 200 Day Moving Average price is recorded at $59.69.
The stock has recorded a 20-day Moving Average of 8.97% and the 50-Day Moving Average is 10.21%.
Thor Industries (NYSE:THO): stock turned positive on Friday. Though the stock opened at $70.23, the bulls momentum made the stock top out at $71.33 level for the day. The stock recorded a low of $70.17 and closed the trading day at $71.19, in the green by 1.86%. The total traded volume for the day was 837,679. The stock had closed at $69.89 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (Exec. Chairman of the Board) of Thor Industries Inc, Orthwein Peter Busch had sold 8,625 shares worth of $500,336 in a transaction dated November 30, 2015. In this transaction, 8,625 shares were sold at $58.01 per share.
Thor Industries, Inc. (Thor), manufactures and sells various recreational vehicles (RV) throughout the United States and Canada, as well as related parts and accessories. The principal types of The Companys towable recreational vehicles that the Company produces include conventional travel trailers and fifth wheels. In addition, it also produces truck and folding campers and equestrian, and other specialty towable recreational vehicles, as well as Class A, Class C and Class B motorhomes. The Company operates through two segments: towable recreational vehicles and motorized recreational vehicles. The Company through its operating subsidiaries manufactures recreational vehicles in North America. The subsidiaries are Airstream, Inc., CrossRoads RV, Thor Motor Coach, Inc., Keystone RV Company, Heartland Recreational Vehicles, LLC, Livin Lite RV, Inc., Bison Coach, K.Z., Inc. and Postle Operating, LLC.