YRC Worldwide (YRCW) : Traders are bullish on YRC Worldwide (YRCW) as it has outperformed the S&P 500 by a wide margin of 26.43% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.02%, 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 4.47% in the last 1 week, and is up 29.57% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
YRC Worldwide (NASDAQ:YRCW): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.08 and $12.08 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.57. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.40, notching a gain of 3.16% for the day. The total traded volume was 659,273 . The stock had closed at $12.02 on the previous day.
The stock has recorded a 20-day Moving Average of 18.4% and the 50-Day Moving Average is 28.78%. YRC Worldwide Inc. is up 50.49% in the last 3-month period. Year-to-Date the stock performance stands at -12.55%.
YRC Worldwide (YRCW) : The highest short term price target forecast on YRC Worldwide (YRCW) is $14 and the lowest target price is $14. A total of 2 equity analysts are currently covering the company. The average price of all the analysts is $14 with a standard deviation of $0.
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).