YRC Worldwide (YRCW) : 4 analysts are covering YRC Worldwide (YRCW) and their average rating on the stock is 1, which is read as a Strong Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels.
YRC Worldwide (YRCW) stock is expected to deviate a maximum of $6.38 from the average target price of $20 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $26 and the most muted being $14.
YRC Worldwide (NASDAQ:YRCW): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $8.75 and $8.56 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $9.11. The buying momentum continued till the end and the stock did not give up its gains. It closed at $8.96, notching a gain of 1.24% for the day. The total traded volume was 380,347 . The stock had closed at $8.85 on the previous day.
The company shares have dropped -27.87% from its 1 Year high price. On Aug 4, 2015, the shares registered one year high at $21.37 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $8.96 and the 200 Day Moving Average price is recorded at $9.48.
YRC Worldwide Inc. is a holding company that, through its wholly owned subsidiaries and its interest in a Chinese joint venture, offers a range of transportation services. The Company has a less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities. It offers supply chain solutions enabling customers to ship industrial, commercial and retail goods. It operates in two segments, which include YRC Freight and Regional Transportation. The YRC Freight segment is focused on business opportunities in national, regional and international markets. YRC Freight provides for the movement of industrial, commercial and retail goods, through its subsidiary YRC Inc. (YRC Freight) and Reimer Express (YRC Reimer). Its Regional Transportation segment is a transportation service provider that comprises USF Holland Inc. (Holland), New Penn Motor Express, Inc. (New Penn) and USF Reddaway Inc. (Reddaway).