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Winnebago Industries, Inc. (WGO) Stock: What Does the Chart Say Tuesday?

Tuesday, November 28, 2023 11:41 AM | InvestorsObserver Analysts

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Winnebago Industries, Inc. (WGO) Stock: What Does the Chart Say Tuesday?

Winnebago Industries, Inc. (WGO) stock is lower by 0.68% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
Winnebago Industries, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on WGO!

What is Stock Sentiment?

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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With WGO Stock Today?

Winnebago Industries, Inc. (WGO) stock is trading at $66.73 as of 11:33 AM on Tuesday, Nov 28, an increase of $0.02, or 0.03% from the previous closing price of $66.71. Volume today is less active than usual. So far 69,677 shares have traded compared to average volume of 511,516 shares. The stock has traded between $66.16 and $66.79 so far today. To see InvestorsObserver's Sentiment Score for Winnebago Industries, Inc. click here.

More About Winnebago Industries, Inc.

Winnebago Industries manufactures Class A, B, and C motor homes along with towables, customized specialty vehicles, boats, and parts. Headquartered in Eden Prairie, Minnesota, Winnebago has been producing recreational vehicles since 1958. Revenue was about $3.6 billion in fiscal 2021. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 85% of the firm's RV unit volume, up from 31% in fiscal 2016. The company's total RV unit volume was 71,015 in fiscal 2021. Winnebago expanded into boating in 2018 with the purchase of Chris-Craft, bought premium motor home maker Newmar in November 2019, and bought Barletta pontoon boats in August 2021. Click Here to get the full Stock Report for Winnebago Industries, Inc. stock.

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