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Shares of Winnebago Industries Receive a Boost, Up 2.9%

Published on Fri, 02/01/2013 - 13:18
By Mallory Stone

Up 2.9% to $19.26, Winnebago Industries (NYSE:WGO), is one of today's notable movers. The S&P is currently trading 1.0% higher to 1,513 and the Dow Jones Industrial Average is trading 0.9% higher to 13,994.

Winnebago Industries has overhead space with shares priced $19.26, or 3.7% below the average consensus analyst price target of $20.00. The stock should find initial support at its 50-day moving average (MA) of $16.43 and further support at its 200-day MA of $12.20.

Winnebago Industries, Inc. manufactures motor homes that are self-contained recreation vehicles used primarily in leisure travel and outdoor recreation activities. The Company's motor homes are sold through dealer organizations under the Winnebago, Itasca, and ERA brand names.

In the past 52 weeks, Winnebago Industries share prices have been bracketed by a low of $8.14 and a high of $20.10 and are now at $19.26, 137% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.6% while the 50-day MA has advanced 2.9%.

By Mallory Stone
mstone@fnno.com

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