Wabash National Corp’s filing revealed that its SVP and Chief Growth Officer Pettit Michael N unloaded Company’s shares for reported $25785.0 on Dec 31 ’24. In the deal valued at $17.19 per share,1,500 shares were sold. As a result of this transaction, Pettit Michael N now holds 117,227 shares worth roughly $1.24 million.
Then, Pettit Michael N bought 1,500 shares, generating $25,785 in total proceeds.
DA Davidson reiterated its Wabash National Corp [WNC] rating to a Neutral in a research note published on September 09, 2024; the price target was $18. A number of analysts have revised their coverage, including DA Davidson’s analysts, who decreased its forecast for the stock in late September from “a Buy” to “a Neutral”. Raymond James also remained covering WNC and has decreased its forecast on July 05, 2023 with a “Mkt perform” recommendation from previously “Strong buy” rating. Vertical Research revised its rating on December 05, 2022. It rated WNC as “a Hold” which previously was an “a Buy”.
Price Performance Review of WNC
On Tuesday, Wabash National Corp [NYSE:WNC] saw its stock fall -1.49% to $10.59. Over the last five days, the stock has lost -8.71%. Wabash National Corp shares have fallen nearly -38.18% since the year began. Nevertheless, the stocks have fallen -61.18% over the past one year. While a 52-week high of $30.07 was reached on 01/07/25, a 52-week low of $10.74 was recorded on 03/04/25. SMA at 50 days reached $14.91, while 200 days put it at $18.67.
Levels Of Support And Resistance For WNC Stock
The 24-hour chart illustrates a support level at 10.38, which if violated will result in even more drops to 10.17. On the upside, there is a resistance level at 10.76. A further resistance level may holdings at 10.92. The Relative Strength Index (RSI) on the 14-day chart is 23.37, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.53%. Stochastics %K at 11.31% indicates the stock is a buying.
The most recent change occurred on December 17, 2021 when DA Davidson began covering the stock and recommended ‘”a Buy”‘ rating along with a $25 price target.
