Is it Time to Dump Wabash National Corporation (WNC) Stock After it Is Up 1.41% in a Week?

The market has been down on Wabash National Corporation (WNC) stock recently. WNC gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Wabash National Corporation has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on WNC!

See Full WNC Report

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With WNC Stock Today?

Wabash National Corporation (WNC) stock is up 1.46% while the S&P 500 is lower by -1% as of 1:54 PM on Thursday, Oct 26. WNC has gained $0.30 from the previous closing price of $20.50 on volume of 375,786 shares. Over the past year the S&P 500 has gained 7.41% while WNC has gained 23.66%. WNC earned $4.13 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 5.04. To screen for more stocks like Wabash National Corporation click here.

More About Wabash National Corporation

As the innovation leader of connected solutions for the transportation, logistics and distribution industries, Wabash (NYSE: WNC) is Changing How the World Reaches You®. Headquartered in Lafayette, Indiana, the company's mission is to enable customers to succeed with breakthrough ideas and solutions that help them move everything from first to final mile. Wabash designs and manufactures a diverse range of products, including dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade processing equipment. Click Here to get the full Stock Report for Wabash National Corporation stock.