Wabash Stock Hits New 52-Week Low (WNC)

NEW YORK ( TheStreet) -- Wabash National Corporation (NYSE: WNC) hit a new 52-week low Friday as it is currently trading at $4.66, below its previous 52-week low of $4.67 with 422,068 shares traded as of 11:07 a.m. ET. Average volume has been 1.5 million shares over the past 30 days.

Wabash has a market cap of $369.3 million and is part of the consumer goods sector and automotive industry. Shares are down 58.6% year to date as of the close of trading on Thursday.

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 3.6, below the average automotive industry P/E ratio of 8.4 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Wabash as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and poor profit margins. You can view the full Wabash Ratings Report.

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