Navistar International Stock Gaps Up On Today's Open (NAV)

NEW YORK ( TheStreet) -- Shares of Navistar International (NYSE: NAV) were gapping up Friday morning with an open price 10.7% higher than Thursday's closing price. The stock closed at $38.68 Thursday and opened today's trading at $42.80.

The average volume for Navistar International has been 1.7 million shares per day over the past 30 days. Navistar International has a market cap of $2.8 billion and is part of the consumer goods sector and automotive industry. Shares are down 33.2% year to date as of the close of trading on Thursday.

Navistar International Corporation, through its subsidiaries, manufactures and sells commercial and military trucks, buses, diesel engines, recreational vehicles (RVs), and chassis, as well as provides service parts for trucks and trailers. The company has a P/E ratio of two, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Navistar International as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and a generally disappointing performance in the stock itself. You can view the full Navistar International Ratings Report.

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