New 52-week High for Coast Stock
For the second consecutive day, the stock of Coast Distribution System reached a new 52-week high.
Coast, a distributor of aftermarket RV and pleasure boat accessories, saw its stock gain 71 cents, or 28%, today (May 30) to close at $3.23 a share.
Earlier in today’s trading session, Coast shares traded for as much as $3.25, which shattered its previous 52-week high of $2.55 reached Wednesday (May 29).
Meanwhile, most other RV industry-related stocks were unchanged or declined marginally today, including Spartan Motors and Thor Industries, which reached new 52-week highs Wednesday.
Spartan declined 85 cents today to close at $12.40 a share while Thor stock slipped 64 cents lower to close at $68.76.