Swift Transportation Company (NYSE:SWFT) has climbed 6.99% in the past week and advanced 9.07% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 8.28% and the outperformance has advanced to 8.08% for the last 4 weeks period.
Swift Transportation Company (NYSE:SWFT): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.28 and $16.27 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.88. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.83, notching a gain of 3.51% for the day. The total traded volume was 3,357,015 . The stock had closed at $16.26 on the previous day.
The company shares have dropped -28.81% from its 1 Year high price. On Aug 4, 2015, the shares registered one year high at $24.76 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $15.96 and the 200 Day Moving Average price is recorded at $16.04.
On the companys insider trading activities,The officer (Executive VP Fleet Operations) of Swift Transportation Co, Runnels Kenneth C sold 1,435 shares at $17.94 on February 26, 2016. The Insider selling transaction had a total value worth of $25,744. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Currently the company Insiders own 44.9% of Swift Transportation Company shares according to the proxy statements. Institutional Investors own 72.69% of Swift Transportation Company shares. During last six month period, the net percent change held by insiders has seen a change of -5.09%.
Swift Transportation Company (Swift Transportation Co.) is a multi-faceted transportation services company, operating the fleet of truckload equipment in North America from over 40 terminals near key freight centers and traffic lanes. The Company operates in four segments: Truckload, which consists of one way movements over irregular routes throughout the United States Mexico and Canada; Dedicated, through which, the Company devotes use of equipment to specific customers and offers tailored solutions under long-term contracts; Central Refrigerated, which represents the core operations of Central and primarily consists of shipments for customers that require temperature-controlled trailers, and Intermodal segment, which includes revenue generated by moving freight over the rail in the Companys containers and other trailing equipment, combined with revenue for drayage to transport loads between the railheads and customer locations.