Wabash National Corporation (WNC) : Traders are bullish on Wabash National Corporation (WNC) as it has outperformed the S&P 500 by a wide margin of 10.22% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 9.94%, 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 9.86% in the last 1 week, and is up 13.93% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 9.52% and the 50-Day Moving Average is 7.73%. Wabash National Corp. is up 1.61% in the last 3-month period. Year-to-Date the stock performance stands at 22.4%.
Wabash National Corporation (NYSE:WNC): stock turned positive on Friday. Though the stock opened at $14.43, the bulls momentum made the stock top out at $14.66 level for the day. The stock recorded a low of $14.42 and closed the trading day at $14.48, in the green by 0.07%. The total traded volume for the day was 1,019,831. The stock had closed at $14.47 in the previous days trading.
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.