Wabash Stock Falls On Unusually High Volume (WNC)

NEW YORK (TheStreet) -- Wabash National Corporation (NYSE:WNC) is trading at unusually high volume Wednesday with 4.6 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down 82 cents (-11.9%) at $6.04 as of 11:37 a.m. ET.

Wabash has a market cap of $506.9 million and is part of the consumer goods sector and automotive industry. Shares are down 42.1% year to date as of the close of trading on Tuesday.

Wabash National Corporation engages in the design, manufacture, and marketing of truck trailers and related transportation equipment primarily in North America. It operates through two segments, Manufacturing, and Retail and Distribution. The company has a P/E ratio of 5.6, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Wabash as a sell. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself and poor profit margins. You can view the full Wabash Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

Interested in other stocks that are falling on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVDOWN to 95370 or select from multiple alert options.

 

For more information on Wabash National Corporation click any of the following:

• Wabash National Corporation Stock Price

• Wabash National Corporation Analyst Ratings

• Wabash National Corporation Key Stats & Profile

• Wabash National Corporation Earnings

• Wabash National Corporation Ratio Comparison

• Wabash National Corporation Growth Rates

• Wabash National Corporation Balance Sheet

• Wabash National Corporation Cash Flow

• Wabash National Corporation Income Statement