Oshkosh Corporation (OSK) Shares are Up 10.06%

Oshkosh Corporation (OSK) : Traders are bullish on Oshkosh Corporation (OSK) as it has outperformed the S&P 500 by a wide margin of 2.78% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 9.88%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 10.06% in the last 1 week, and is up 2.23% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 1.88% and the 50-Day Moving Average is 4.14%.The 200 Day SMA reached 28.28%

Oshkosh

Oshkosh Corporation (NYSE:OSK): After opening at $54.67, the stock dipped to an intraday low of $54.615 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $56.54 and the buying power remained strong till the end. The stock closed at $56 for the day, a gain of 3.05% for the day session. The total traded volume was 1,552,986. The stocks close on the previous trading day was $56.

Oshkosh Corporation (OSK) : 11 Wall Street analysts covering Oshkosh Corporation (OSK) believe that the average level the stock could reach for the short term is $60.55. The maximum price target given is $65 and the minimum target for short term is around $57, hence the standard deviation is calculated at $2.42.

Oshkosh Corporation is a manufacturer and marketer of access equipment, specialty vehicles and truck bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire and emergency. The companys brands include Oshkosh, JLG, Pierce, McNeilus, IMT, Frontline, Jerr-Dan, CON-E-CO and London. The Company operates through four segments: Access equipment, Defense, Fire & emergency and Commercial. The Access equipment segment provides aerial work platforms and telehandlers to position workers and materials at elevated heights. The Defense segment provides supply parts and services and wheeled vehicles. The Fire & Emergency segment manufactures and markets commercial and custom fire vehicles, simulators and emergency vehicles. The Commercial segment manufactures, markets and distributes concrete mixers, portable concrete batch plants, and vehicle and vehicle body components.

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