Swift Transportation Company (SWFT) : The total negative money flow of $3.41 million on Thursday indicates selling on strength. The inflow of money on upticks was $1.99 million, compared to $5.4 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.37. The negative money flow of $2.92 million in block trades reveals that the informed traders sold the stock on every bit of price strength. The traded value of the stock on uptick was $0.52 million in a block trade.The transaction value of block trade on downtick was $3.44 million. The uptick to downtick ratio was 0.15. The price action in the Swift Transportation Company (SWFT) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $17.25 with a gain of $0.03 , a change of 0.15% over the previous days close. The stock registered 3.33% for the week.
The stock has recorded a 20-day Moving Average of 7.14% and the 50-Day Moving Average is 7.42%. Shares have dropped -28.36% from its 1 Year high price. On Aug 4, 2015, the shares registered one year high at $24.76 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $15.81 and the 200 Day Moving Average price is recorded at $16.25.
Swift Transportation Company (NYSE:SWFT): The stock opened at $17.39 on Thursday but the bulls could not build on the opening and the stock topped out at $17.46 for the day. The stock traded down to $16.95 during the day, due to lack of any buying support eventually closed down at $17.07 with a loss of -0.87% for the day. The stock had closed at $17.22 on the previous day. The total traded volume was 2,256,667 shares.
In an insider trading activity,The officer (Executive VP Fleet Operations) of Swift Transportation Co, Runnels Kenneth C sold 1,435 shares at $17.94 on February 26, 2016. The Insider selling transaction had a total value worth of $25,744. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.