Watch for Continued Gains in Shares of Wabash National Corporation (WNC)

March 12, 2021 12:10:26

Shares of Wabash National Corporation (NYSE:WNC) traded at a new 52-week high today of $20.52. This new high was reached on below average trading volume as 74,000 shares traded hands, while the average 30-day volume is approximately 451,000 shares.

Wabash National Corp, along with its subsidiaries, is a diversified industrial manufacturer and producer of semi-trailers, truck bodies, specialized commercial vehicles, and liquid transportation systems. It designs, manufactures, and market a diverse range of products, including dry freight and refrigerated trailers, platform trailers, bulk tank trailers, dry and refrigerated truck bodies, truck-mounted tanks, intermodal equipment, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade and pharmaceutical equipment. The company’s operating segment includes Commercial Trailer Products, Diversified Products Group, and Final Mile Products. It derives a majority of the revenue from the Commercial Trailer Products segment.

In the past 52 weeks, shares of Wabash National Corporation have traded between a low of $6.26 and a high of $20.52 and is now at $20.48, which is 227% above that low price.

Wabash National Corporation (NYSE:WNC) is currently priced 7.5% above its average consensus analyst price target of $18.95.

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