Stock in News Spotlight: Navistar International Corporation (NAV)

Earnings News

Shares of Navistar International Corporation (NYSE: NAV) were transacted with a volume of 462065 shares in last trading period as compared to its average volume of 543.12K shares over last three months period. The stock price scored 2.73% and valued at $35.81.

Navistar International Corporation a USA based Company, belongs to Consumer Goods sector and Trucks & Other Vehicles industry. Shares of the company returned -5.31% during the last five trading days and it returned -12.53% in past 30 trading days. It changed -15.24% over recent three months. The stock has changed -16.04% in one year period and YTD Performance clocked at -16.49%.

Navistar International Corporation (NYSE: NAV) announced that the Company has repaid in full its 4.5% Senior Subordinated Convertible Notes issued in October 2013. The repayment of the outstanding principal of $200 million at maturity on October 15, 2018, was funded with cash on hand.

“This repayment is another important step for Navistar, as it reflects our stronger liquidity position, building on the Company’s return to profitability in 2017 and its expected generation of positive free cash flow in 2018,” said Walter Borst, chief financial officer. “Our improved financial profile provides Navistar with additional flexibility as we work to improve our balance sheet and credit ratings.”

 

The price moved ahead -7.78% from the mean of 20 days, -11.38% from 50 and separated -10.30% from 200 days average price. Its price volatility for a month is at 3.52% and for a week, volatility remained at 4.73%. It beta stands at 2.33. Company’s price to sales ratio for last 12 months was 0.37. Its Market Cap valued at $3546.62M.

Cesar Melton is an author, journalist and CEO of mosttradedstocks.com, a leading stocks and markets website. He has more than 5 years of experience in institutional investment markets, including fixed income, equities, derivatives and real estate. He has a Bachelor in Business Administration with a major in Finance. He bought his first stocks in a private business at age 15 and made his first public stock trade at 23. Cesar has always been interested in the stock market and how it behaves.

As the dad of two children, he’s made saving money and investing for them a high priority. Over many years of investing, he has made some wise choices and he’s made many mistakes. But he’s learned from both. Mr. Cesar observations and experience give him the insight to stock market patterns and the investor behaviors that create them.

Email: Cesar@mosttradedstocks.com 

Leave a Reply