Werner Enterprises (WERN) Shares are Up 2.47%

Werner Enterprises (WERN) : Traders are bullish on Werner Enterprises (WERN) as it has outperformed the S&P 500 by a wide margin of 0.93% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.3%, 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 2.47% in the last 1 week, and is up 0.39% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 0.12% and the 50-Day Moving Average is 1.64%.The 200 Day SMA reached 4.95%


Werner Enterprises (NASDAQ:WERN): The stock opened in the green at $23.52 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $23.61 and a low of $23.18 for the day. The stock did not find buyers even at the lows and closed at $23.27 recording a loss of -0.51%. 696,203 shares exchanged hands during the trading day. The stock had closed at $23.27 in the previous days trading.

Werner Enterprises (WERN) stock is expected to deviate a maximum of $2.09 from the average target price of $25.18 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $28 and the most muted being $22.

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.

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