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Shares of Oshkosh Under Pressure, Down 1.3%

Published on Thu, 01/31/2013 - 11:31
By Peter Chu

Oshkosh (NYSE:OSK) is a company whose shares are active, trading 1.3% lower to $39.18. The Dow is trading fractionally higher to 13,918 and the S&P is currently trading fractionally lower to 1,501.

Oshkosh share prices have moved between a 52-week high of $41.27 and a 52-week low of $18.49 and are now trading 112% above that low price at $39.18 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.5% while the 200-day MA has risen 1.1%.

Oshkosh (NYSE:OSK) is currently priced 5.3% above its average consensus analyst price target of $37.09. The stock should find initial support at its 50-day moving average (MA) of $31.34 and further support at its 200-day MA of $25.88.

Oshkosh Corporation designs, manufactures, and markets fire and emergency apparatus and specialty commercial and military trucks. The Company provides products such as pumpers, aerial and ladder trucks, tankers, rescue vehicles, snow removal vehicles, refuse truck bodies, and concrete mixers.

By Peter Chu
pchu@fnno.com

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