Large Inflow of Money Witnessed in Thor Industries

Thor Industries (THO) stock had a bullish inflow of $7.7 million worth of trades on uptick and an outflow of $4.72 million in downticks on Thursday. The total uptick to downtick ratio stood at 1.63. The net money flow into the stock was $2.98 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $2.88 million. $2.88 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Thor Industries (THO) stock traded down $0.01 , and reached $69.37, a drop of -0.01% over the previous day. On a weekly basis, the stock is 0.27%, over the previous weeks close.


Thor Industries (THO) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $80 and the lowest price target forecast is $65. The average forecast of all the analysts is $70.5 and the expected standard deviation is $6.66. The stock has recorded a 20-day Moving Average of 7.15% and the 50-Day Moving Average is 8.4%.

Thor Industries (NYSE:THO): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $69.51 and $69.26 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $70.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $69.89, notching a gain of 0.74% for the day. The total traded volume was 674,552 . The stock had closed at $69.38 on the previous day.

Thor Industries, Inc. (Thor), manufactures and sells various recreational vehicles (RV) throughout the United States and Canada, as well as related parts and accessories. The principal types of The Companys towable recreational vehicles that the Company produces include conventional travel trailers and fifth wheels. In addition, it also produces truck and folding campers and equestrian, and other specialty towable recreational vehicles, as well as Class A, Class C and Class B motorhomes. The Company operates through two segments: towable recreational vehicles and motorized recreational vehicles. The Company through its operating subsidiaries manufactures recreational vehicles in North America. The subsidiaries are Airstream, Inc., CrossRoads RV, Thor Motor Coach, Inc., Keystone RV Company, Heartland Recreational Vehicles, LLC, Livin Lite RV, Inc., Bison Coach, K.Z., Inc. and Postle Operating, LLC.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.