Werner Enterprises (WERN) Shares are Up 3.06%

Werner Enterprises (WERN) : Traders are bullish on Werner Enterprises (WERN) as it has outperformed the S&P 500 by a margin of 7.31% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.43%, 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 3.06% in the last 1 week, and is up 14.56% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Werner Enterprises (NASDAQ:WERN): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.34 and $24.34 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $25.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $25.26, notching a gain of 4.77% for the day. The total traded volume was 1,541,345 . The stock had closed at $24.11 on the previous day.


The stock has recorded a 20-day Moving Average of 7.93% and the 50-Day Moving Average is 5.98%. Werner Enterprises Inc. has dropped 3.26% during the last 3-month period . Year-to-Date the stock performance stands at 8.51%.

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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