Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Thor Industries, Inc shares valued at $500,710 were sold by ZUHL COLLEEN A on Oct 16 ’24. At $115.00 per share, ZUHL COLLEEN A sold 4,354 shares. The insider’s holdings dropped to 131,905 shares worth approximately $13.47 million following the completion of this transaction.
Also, ZUHL COLLEEN A purchased 4,354 shares, netting a total of over 500,710 in proceeds.
Analysts at The Benchmark Company started covering the stock with ‘”a Hold”‘ outlook in a report released in mid July. As of March 15, 2024, Citigroup has increased its “Neutral” rating to a “Buy” for THO. Earlier on April 19, 2023, KeyBanc Capital Markets initiated its rating. Their recommendation was “a Sector weight” for THO stock.
Analyzing THO Stock Performance
During the last five days, there has been a surge of approximately 1.37%. Over the course of the year, Thor Industries, Inc shares have jumped approximately 6.69%. Shares of the company reached a 52-week high of $105.15 on 01/17/25 and a 52-week low of $92.45 on 01/13/25. A 50-day SMA is recorded $103.44, while a 200-day SMA reached $102.22. Nevertheless, trading volume fell to 0.55 million shares from 0.39 million shares the previous day.
Support And Resistance Levels for Thor Industries, Inc (THO)
According to the 24-hour chart, there is a support level at 100.22, which, if violated, would cause prices to drop to 98.32. In the upper region, resistance lies at 103.15. The next price resistance is at 104.18. RSI (Relative Strength Index) is 54.76 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.28, which suggests the price will increase in the coming days. Percent R is at 23.97%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
