Navistar International Corporation (NYSE:NAV) is now trading -56.24% off 52-week high price. On the other end, the stock has been noted 10.79% away from the low price over the last 52-weeks. The stock changed 3.74% to recent value of $16.63. The stock transacted 618448 shares during most recent day however it has an average volume of 1.09M shares. The company has 112.19M of outstanding shares and 82.52M shares were floated in the market.
On April 2, 2020, Navistar International Corporation (NYSE:NAV) makes changes in its manufacturing operations in response to the continued impacts of COVID-19.
The company’s truck assembly plant in Springfield, Ohio temporarily ceased production on Monday, March 23 due to disruptions in the supply chain resulting from the COVID-19 pandemic. With the supply chain still interrupted, this stoppage is being extended. Production will resume Monday, April 27.
Additionally, Navistar is broadening its temporary suspension in manufacturing operations to its engine assembly plant in Huntsville, Ala. and truck assembly plant in Escobedo, Mexico. Production will resume at both locations Monday, April 13.
Navistar recognizes the essential role of the commercial vehicle industry in support of the transportation infrastructure and remains dedicated to providing quality service and support to customers to keep critical goods moving during this uncertain time. The IC Bus Manufacturing Plant in Tulsa, Oklahoma and all Navistar service facilities and parts distribution centers are currently continuing regular operations.
Its earnings per share (EPS) expected to touch remained -34.90% for this year while earning per share for the next 5-years is expected to reach at 5.00%. NAV has a gross margin of 17.50% and an operating margin of 4.80% while its profit margin remained 1.60% for the last 12 months.
According to the most recent quarter its current ratio was 1.4 that represents company’s ability to meet its current financial obligations. The price moved ahead of -25.53% from the mean of 20 days, -43.35% from mean of 50 days SMA and performed -43.80% from mean of 200 days price. Company’s performance for the week was -18.52%, -52.93% for month and YTD performance remained -42.54%.