In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 3.46% while the S&P 500 has fallen -0.3% as of 10:53 AM on Friday, Dec 17. WNC is higher by $0.62 from the previous closing price of $17.90 on volume of 150,241 shares. Over the past year the S&P 500 has risen 25.77% while WNC is higher by 7.05%. WNC earned $0.62 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 29.97.
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More About Wabash National Corporation
Wabash National Corp, along with its subsidiaries, is a diversified industrial manufacturer and producer of semi-trailers, truck bodies, specialized commercial vehicles, and liquid transportation systems. It designs, manufactures, and market a diverse range of products, including dry freight and refrigerated trailers, platform trailers, bulk tank trailers, dry and refrigerated truck bodies, truck-mounted tanks, intermodal equipment, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade and pharmaceutical equipment. The company's operating segment includes Commercial Trailer Products, Diversified Products Group, and Final Mile Products. It derives a majority of the revenue from the Commercial Trailer Products segment.
Click Here to get the full Stock Report for Wabash National Corporation stock.
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