Wabash National (NYSE:WNC) is one of today's biggest movers, down 2.1% to $9.87. The Dow Jones Industrial Average is now trading 0.5% lower to 15,226 and the S&P is trading 0.7% lower to 1,639.
In the past 52 weeks, Wabash National share prices have been bracketed by a low of $5.65 and a high of $11.00 and are now at $9.87, 75% above that low price. The 200-day and 50-day moving averages have moved 0.85% higher and 0.17% lower over the past week, respectively.
There is potential upside of 28.8% for shares of Wabash National based on a current price of $9.87 and an average consensus analyst price target of $12.71. The stock should discover initial support at its 50-day moving average (MA) of $9.69 and subsequent support at its 200-day MA of $8.60.
Wabash National Corporation designs, manufactures, and markets standard and customized truck trailers under the Wabash and Fruehauf tradenames. The Company's products include composite and aluminum plate trailers, as well as Road-Railer bimodal vehicles.