Thor Industries (THO) Shares are Up 3.71%

Thor Industries (THO) : Traders are bullish on Thor Industries (THO) as it has outperformed the S&P 500 by a wide margin of 4% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.54%, 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 3.71% in the last 1 week, and is up 3.44% 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 4.25% and the 50-Day Moving Average is 7.12%.The 200 Day SMA reached 30.87%


Thor Industries (NYSE:THO): The stock opened in the green at $85.55 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $85.9 and a low of $84.68 for the day. The stock did not find buyers even at the lows and closed at $84.7 recording a loss of -0.70%. 799,801 shares exchanged hands during the trading day. The stock had closed at $84.7 in the previous days trading.

Thor Industries (THO) : The most positive equity analysts on Thor Industries (THO) expects the shares to touch $96, whereas, the least positive believes that the stock will trade at $67 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $85.5 with an expected fluctuation of $10.9 from the mean.

Thor Industries, Inc. (Thor), manufactures and sells various recreational vehicles (RV) throughout the United States and Canada, as well as related parts and accessories. The principal types of The Companys towable recreational vehicles that the Company produces include conventional travel trailers and fifth wheels. In addition, it also produces truck and folding campers and equestrian, and other specialty towable recreational vehicles, as well as Class A, Class C and Class B motorhomes. The Company operates through two segments: towable recreational vehicles and motorized recreational vehicles. The Company through its operating subsidiaries manufactures recreational vehicles in North America. The subsidiaries are Airstream, Inc., CrossRoads RV, Thor Motor Coach, Inc., Keystone RV Company, Heartland Recreational Vehicles, LLC, Livin Lite RV, Inc., Bison Coach, K.Z., Inc. and Postle Operating, LLC.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.