YRC Worldwide (NASDAQ:YRCW) : Traders are bullish on YRC Worldwide (NASDAQ:YRCW) as it has outperformed the S&P 500 by a wide margin of 4.53% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.87%, 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 6.22% in the last 1 week, and is up 6.22% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -28.10% from its 1 Year high price. On Aug 4, 2015, the shares registered one year high at $21.37 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $9.03 and the 200 Day Moving Average price is recorded at $9.44.
The stock has recorded a 20-day Moving Average of 6.86% and the 50-Day Moving Average is 8.08%.
YRC Worldwide (NASDAQ:YRCW): stock turned positive on Friday. Though the stock opened at $9.16, the bulls momentum made the stock top out at $9.615 level for the day. The stock recorded a low of $9.03 and closed the trading day at $9.57, in the green by 6.33%. The total traded volume for the day was 707,617. The stock had closed at $9 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CFO of Yrc Worldwide Inc., Pierson Jamie G., had purchased 35,000 shares in a transaction dated on February 11, 2016. The transaction was executed at $6.72 per share with total amount equaling $235,200.
YRC Worldwide Inc. is a holding company that, through its wholly owned subsidiaries and its interest in a Chinese joint venture, offers a range of transportation services. The Company has a less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities. It offers supply chain solutions enabling customers to ship industrial, commercial and retail goods. It operates in two segments, which include YRC Freight and Regional Transportation. The YRC Freight segment is focused on business opportunities in national, regional and international markets. YRC Freight provides for the movement of industrial, commercial and retail goods, through its subsidiary YRC Inc. (YRC Freight) and Reimer Express (YRC Reimer). Its Regional Transportation segment is a transportation service provider that comprises USF Holland Inc. (Holland), New Penn Motor Express, Inc. (New Penn) and USF Reddaway Inc. (Reddaway).