Navistar International Corporation (NAV) has risen sharply, recording gains of 3.99% in the past 4 weeks. However, the stock has corrected -2.34% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.46% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Navistar International Corporation (NYSE:NAV): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.25 and $12.25 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.79. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.52, notching a gain of 3.47% for the day. The total traded volume was 993,776 . The stock had closed at $12.10 on the previous day.
The stock has recorded a 20-day Moving Average of 0.46% and the 50-Day Moving Average is 2.61%. Navistar International Corporation is up 6.83% in the last 3-month period. Year-to-Date the stock performance stands at 41.63%.
Navistar International Corporation (NAV) : Currently there are 9 street experts covering Navistar International Corporation (NAV) stock. The most bullish and bearish price target for the stock is $20 and $8 respectively for the short term. The average price target of all the analysts comes to $12.39. The estimated standard deviation from the target is $4.08.
Navistar International Corporation (NIC) is a holding company, whose principal operating subsidiaries are Navistar, Inc. and Navistar Financial Corporation (NFC). The Company is a manufacturer of International brand commercial and military trucks, MaxxForce brand diesel engines, IC Bus (IC) brand school and commercial buses, as well as a provider of service parts for trucks and diesel engines. It also provides retail, wholesale, and lease financing of trucks and parts. The Company operates in four reporting segments, which comprises: North America Truck, North America Parts, Global Operations (collectively referred to as Manufacturing operations), and Financial Services. Its principal products and services include Trucks, Parts, Engines and Financial Services.