Wabash National Corp (NYSE:WNC) shares, rose in value on Thursday, March 27, with the stock price up by 6.90% to the previous day’s close as strong demand from buyers drove the stock to $11.93.
Actively observing the price movement in the last trading, the stock closed the session at $11.16, falling within a range of $11.0503 and $12.1. The value of beta (5-year monthly) was 1.629. Referring to stock’s 52-week performance, its high was $30.07, and the low was $10.34. On the whole, WNC has fluctuated by 1.27% over the past month.
With the market capitalization of Wabash National Corp currently standing at about $506.43 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-28. The company’s Forward Dividend Ratio is 0.32, with its dividend yield at 2.68%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WNC’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of WNC currently trading nearly 5.47% and -8.04% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.05, while the 7-day volatility ratio is showing 6.80% which for the 30-day chart, stands at 5.67%. Furthermore, Wabash National Corp (WNC)’s beta value is 1.49, and its average true range (ATR) is 0.65.
A comparison of Wabash National Corp (WNC) with its peers suggests the former has fared considerably weaker in the market. WNC showed an intraday change of 6.90% in last session, and over the past year, it shrunk by -57.57%%.
Data on historical trading for Wabash National Corp (NYSE:WNC) indicates that the trading volumes over the past 10 days have averaged 2.27 and over the past 3 months, they’ve averaged 1.16 million. According to company’s latest data on outstanding shares, there are 42.88 million shares outstanding.
Nearly 4.00% of Wabash National Corp’s shares belong to company insiders and institutional investors own 105.29% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.17 million shares as on 2025-03-14, resulting in a short ratio of 3.03. According to the data, the short interest in Wabash National Corp (WNC) stood at 1173.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 2.5 million. The stock has fallen by -30.36% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WNC stock heading into the next quarter.
