Winnebago Rises On Unusually High Volume (WGO)

NEW YORK ( TheStreet) -- Winnebago Industries (NYSE: WGO) is trading at unusually high volume Thursday with 1.8 million shares changing hands. It is currently at 6.4 times its average daily volume and trading up $1.46 (+16.4%) at $10.36 as of 3:35 p.m. ET.

Winnebago has a market cap of $265.8 million and is part of the consumer goods sector and automotive industry. Shares are up 20.6% year to date as of the close of trading on Wednesday.

Winnebago Industries, Inc. manufactures and sells recreation vehicles primarily for leisure travel and outdoor recreation activities. The company has a P/E ratio of 28.2, below the average automotive industry P/E ratio of 28.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Winnebago as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Winnebago 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 rising on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVUP to 95370 or select from multiple alert options.
null

If you liked this article you might like

Thor Industries: Cramer's Top Takeaways

Thor Industries: Cramer's Top Takeaways

How the Mighty Have Not Fallen: Cramer's 'Mad Money' Recap (Tuesday 11/28/17)

How the Mighty Have Not Fallen: Cramer's 'Mad Money' Recap (Tuesday 11/28/17)

RV Buying Boom Has Lit a Major Flame Under This Stock

RV Buying Boom Has Lit a Major Flame Under This Stock

How to Invest in Millennials Newfound Love for the Great Outdoors

How to Invest in Millennials Newfound Love for the Great Outdoors

Why Winnebago Will Make a Ton of Money Off Millennials

Why Winnebago Will Make a Ton of Money Off Millennials