Werner Enterprises (WERN) : Traders are bullish on Werner Enterprises (WERN) as it has outperformed the S&P 500 by a wide margin of 0.96% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.53%, relative to the S&P 500. The stock has risen by 2.07% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.09% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.57% and the 50-Day Moving Average is 1.1%.The 200 Day SMA reached 4.05% Werner Enterprises Inc. has dropped 2.62% during the last 3-month period . Year-to-Date the stock performance stands at 1.6%.
Werner Enterprises (WERN) : The most positive equity analysts on Werner Enterprises (WERN) expects the shares to touch $28, whereas, the least positive believes that the stock will trade at $22 in the short term. The company is covered by 11 Wall Street Brokerage Firms. The average price target for shares are $25.18 with an expected fluctuation of $2.09 from the mean.
Company shares have received an average consensus rating of Hold for the current week Werner Enterprises (NASDAQ:WERN): stock was range-bound between the intraday low of $23.61 and the intraday high of $24.03 after having opened at $23.93 on Fridays session. The stock finally closed in the red at $23.93, a loss of -1.13%. The stock remained in the red for the whole trading day. The total traded volume was 1,135,500 shares. The stock failed to cross $24.03 in Fridays trading. The stocks closing price on Thursday was $23.65.
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.