Navistar International Corporation (NAV) : Traders are bullish on Navistar International Corporation (NAV) as it has outperformed the S&P 500 by a wide margin of 39.05% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.58%, 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 5.14% in the last 1 week, and is up 36.23% 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 20.21% and the 50-Day Moving Average is 38.38%.The 200 Day SMA reached 68.74% Navistar International Corporation is up 60% in the last 3-month period. Year-to-Date the stock performance stands at 119.91%.
Navistar International Corporation (NAV) : 10 Wall Street analysts covering Navistar International Corporation (NAV) believe that the average level the stock could reach for the short term is $18.4. The maximum price target given is $25 and the minimum target for short term is around $14, hence the standard deviation is calculated at $3.17.
Company shares have received an average consensus rating of Hold for the current week Navistar International Corporation (NYSE:NAV): The stock opened at $19.18 and touched an intraday high of $19.62 on Friday. During the day, the stock corrected to an intraday low of $18.86, however, the bulls stepped in and pushed the price higher to close in the green at $19.44 with a gain of 0.73% for the day. The total traded volume for the day was 1,203,845. The stock had closed at $19.44 in the previous trading session.
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.