Swift Transportation Company (SWFT) : Traders are bullish on Swift Transportation Company (SWFT) as it has outperformed the S&P 500 by a wide margin of 15.05% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.8%, 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 2.23% in the last 1 week, and is up 17.92% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
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 $19.00 and $18.99 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.68, notching a gain of 4.24% for the day. The total traded volume was 2,487,730 . The stock had closed at $18.88 on the previous day.
The stock has recorded a 20-day Moving Average of 9.35% and the 50-Day Moving Average is 18.06%. Swift Transportation Company is up 21.71% in the last 3-month period. Year-to-Date the stock performance stands at 42.4%.
Swift Transportation Company (SWFT) : Currently there are 13 street experts covering Swift Transportation Company (SWFT) stock. The most bullish and bearish price target for the stock is $27 and $13 respectively for the short term. The average price target of all the analysts comes to $20.46. The estimated standard deviation from the target is $4.06.
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.