Werner Enterprises (NASDAQ:WERN) has been under a strong bear grip, hence the stock is down -4.63% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.85% in the past 1 week. The stock has risen by 2.14% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.09% in the past 4 weeks.
The company shares have dropped -13.85% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $29.34 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $23.78 and the 200 Day Moving Average price is recorded at $24.98.
The stock has recorded a 20-day Moving Average of 2.59% and the 50-Day Moving Average is 0.94%.
Werner Enterprises (NASDAQ:WERN): stock turned positive on Friday. Though the stock opened at $23.19, the bulls momentum made the stock top out at $23.985 level for the day. The stock recorded a low of $22.94 and closed the trading day at $23.82, in the green by 3.30%. The total traded volume for the day was 844,239. The stock had closed at $23.06 in the previous days trading.
In an insider trading activity, The officer (Exec VP-Driver Resources), of Werner Enterprises Inc, Synowicki Robert E Jr had unloaded 3,500 shares at $28.51 per share in a transaction on July 31, 2015. The total value of transaction was $99,785. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Werner Enterprises, Inc. is a transportation and logistics company. The Company is engaged in transporting truckload shipments of general commodities in both interstate and intrastate commerce. The Company also provides logistics services through its Value Added Services (VAS) division. The Company operates through two segments: Truckload Transportation Services (Truckload) and VAS. Truckload segment comprises the One-Way Truckload and Specialized Services units. The Companys VAS segment is a non-asset-based transportation and logistics provider. The Company has a fleet of approximately 7,050 trucks, of which approximately 6,400 were company-operated and approximately 650 were owned and operated by independent contractors. Its VAS division operates approximately 55 intermodal drayage trucks.