Technical Review of Wabash National Corp. (NYSE:WNC)

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Wabash National Corp. (NYSE:WNC) for the period of 9-Day stands at 18.79% while the stochastic %D for the same period stands at 14.99%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Wabash National Corp. (NYSE:WNC) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Wabash National Corp. (NYSE:WNC) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Wabash National Corp. (NYSE:WNC)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Wabash National Corporation is one of the leading manufacturers of semi trailers in North America. Established in 1985, the company specializes in the design and production of dry freight vans, refrigerated vans, flatbed trailers, drop deck trailers, and intermodal equipment. Its innovative core products are sold under the DuraPlate, ArcticLite, and Eagle brand names. The company operates two wholly owned subsidiaries: Transcraft Corporation, a manufacturer of flatbed and drop deck trailers; and Wabash National Trailer Centers, a retail distributor of new and used trailers and aftermarket parts throughout the U.S. and Canada.

Previous Day Activity Analysis

On the last trading day, Wabash National Corp. (NYSE:WNC) opened the session at $19.77 and after going down -3.02% closed at $19.24. The stock lost -0.53 points in the last trade.

Wabash National Corp. (NYSE:WNC)’s stock fluctuated in the range of $18.82 and $19.80 during the previous active session. Wabash National Corp. (NYSE:WNC) traded with the volume of 1.16 Million with average volume of 610.31 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 1.77 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.73 and 33.88 respectively.

Currently the Insider Ownership of the shares of Wabash National Corp. (NYSE:WNC) is at 0.7% and the shares outstanding are 57.76 Million.

Important Ratio Analysis

Some important ratios to consider here for Wabash National Corp. (NYSE:WNC) are discussed below:

Dividend yield of Wabash National Corp. (NYSE:WNC) stands at 1.25% whereas Price to Earnings P/E ratio stands at 14.28 while Forward P/E shows the value of 11.68.

The PEG ratio (Price to Earning to Growth) emits the value of 0.95. The Price to Sale P/S and Price to Book P/B shows the value of 0.66 and 2.33 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 7.23 and 10.93 correspondingly.

The Quick Ratio of Wabash National Corp. (NYSE:WNC) stands at 1.2 while the Current Ratio depicts the value of 2.

Return on Assets ROA of Wabash National Corp. (NYSE:WNC) is at 8.2% whereas, Return on Equity ROE and Return of Investment ROI of Wabash National Corp. (NYSE:WNC) stand at 17.8% and 19.2% respectively.

Stock Performance Analysis

The stock performance of Wabash National Corp. (NYSE:WNC) on the basis of 5 day trade show the dip of -0.98% whereas, the monthly performance of the stock shows decrease of -13.91%.

The quarterly performance of the stock remained in red zone with the value of -6.92% while six month performance of the shares of Wabash National Corp. (NYSE:WNC) remained bearish with the count of -10.51%.

The yearly and YTD performance of Wabash National Corp. (NYSE:WNC) remained up at 52.22% and 21.62% respectively.