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Thor Industries: The Losing Streak Continues (THO)

By David Diaz

Shares of Thor Industries (NYSE:THO) traded at a new 52-week low today of $41.26. This new low was reached on below average trading volume as 101,000 shares traded hands, while the average 30-day volume is approximately 868,000 shares.

Thor Industries, Inc. produces and sells a wide range of recreation vehicles. The Company offers motorhomes, camping, fifth-wheel, and travel trailers. Thor Industries serves customers in the United States and Canada.

Thor Industries has overhead space with shares priced $41.33, or 73.4% below the average consensus analyst price target of $155.45. The stock should find initial resistance at its 200-day moving average (MA) of $62.64 and further resistance at its 50-day MA of $76.53.

In the past 52 weeks, Thor Industries share prices have been bracketed by a current low of $41.26 and a high of $89.45 and are now at $41.33. The 200-day and 50-day moving averages have moved 0.2% lower and 2.94% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Thor Industries and will alert subscribers who have THO in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows thor industries

Ticker(s): THO