Navistar International Stock Falls On Unusually High Volume (NAV)

NEW YORK ( TheStreet) -- Navistar International (NYSE: NAV) is trading at unusually high volume Tuesday with 8.1 million shares changing hands. It is currently at four times its average daily volume and trading down $2.82 (-9.8%) at $25.92 as of 1:25 p.m. ET.

Navistar International has a market cap of $1.94 billion and is part of the consumer goods sector and automotive industry. Shares are down 27.3% year to date as of the close of trading on Monday.

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 1.7, above the average automotive industry P/E ratio of 1.4 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 revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, 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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