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Wabash National (WNC) Catches Eye: Stock Gains 5.3%
Wabash National Corp. (WNC - Free Report) was a big mover last session, as the company saw its shares rise over 5% on the day. Shares gained on the news that the company is set to join the S&P SmallCap 600. This led to solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $13.24 to $14.25 since Aug 1, 2016.
In the last 30 days, the company witnessed 5 positive estimate revisions and the Zacks Consensus Estimate also moved higher over the same time frame, suggesting that more solid trading could be ahead for Wabash National. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Wabash National currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
WABASH NATIONAL Price
WABASH NATIONAL Price | WABASH NATIONAL Quote
A better-ranked stock in the same industry is Horizon Global Corporation , which sports a Zacks Rank #1 (Strong Buy).
Is WNC going up? Or down? Predict to see what others think: Up or Down
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