Navistar International Corporation (NAV) has risen sharply, recording gains of 12.38% in the past 4 weeks. However, the stock has corrected -0.21% 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 12.53% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.23% and the 50-Day Moving Average is 9.89%.The 200 Day SMA reached 24.48%. Navistar International Corporation is up 15.71% in the last 3-month period. Year-to-Date the stock performance stands at 59.16%.
Navistar International Corporation (NYSE:NAV): After opening at $13.72, the stock dipped to an intraday low of $13.57 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $14.16 and the buying power remained strong till the end. The stock closed at $14.07 for the day, a gain of 3.99% for the day session. The total traded volume was 945,416. The stocks close on the previous trading day was $13.53.
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.