Wabash National Corporation (WNC) has been under a strong bear grip, hence the stock is down -2.9% 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 4.61% in the past 1 week. The stock has risen by 3.93% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.11% in the past 4 weeks.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.83% and the fifty day Moving Average is 5.12%. Wabash National Corp. is up 1.74% in the last three month period. Year-to-Date the stock performance stands at 18.6%.
Wabash National Corporation (WNC) : The highest short term price target forecast on Wabash National Corporation (WNC) is $22 and the lowest target price is $11. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $14.83 with a standard deviation of $4.36.
Wabash National Corporation (NYSE:WNC): On Fridays trading session , Opening price of the stock was $14.36 with an intraday high of $14.36. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $13.85. However, the stock managed to close at $14.03, a loss of 2.37% for the day. On the previous day, the stock had closed at $14.37. The total traded volume of the day was 1,995,991 shares.
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.