The share price of ) was up by 0.2% at midday on Tuesday. The company's share price reached as high as $6.06, and it last traded at $6.06. A total of 496,937 stocks were traded during the mid-day period, which is a 26% decrease from the daily average of 6727655 shares. Stock had closed previously at $6.05.
Wall Street analysts weigh in
Recent reports from a number of equity research analysts on USX have been released. JPMorgan Chase & Co. upgraded shares of U.S. Xpress Enterprises to a neutral' rating in a research report on Tuesday, April 11, and set a price target of $6.15 for the company. The company has a market capitalization of $311.94 millions, a PE of -7.77, and a beta value of 1.97. The debt-to equity ratio for the company is 1.49. Its quick ratio is 0.72, and its current ratio 0.72. The company's simple moving-average for the past 50 days is $5.21, and its simple moving-average over the last two hundred days is $3.06.
Insider Buying & Selling at U.S. Xpress Enterprises
On March 22nd, 300,000 shares were sold in one transaction. The shares were purchased at an average of $5.96 for a transaction totaling $1,788,000.00. After the completion of this sale, the insider owns 2,013,914 of the company's shares, valued at about $12,002,927.44. Insiders own 31.94%.
Institutional investors weigh in on U.S. Xpress Enterprises
A number of institutional investors and hedge fund managers have recently changed their stock holdings. Price T Rowe Associates Inc. MD increased its holdings in U.S. Xpress Enterprises shares by 67.6% during the second quarter. Price T Rowe Associates Inc. MD owns 2,800.381 shares worth $7.505,000, after buying an additional 1,129.350 shares. Twenty Acre Capital LP grew its stake in U.S. Xpress Enterprises shares by 1.0% during the 4th Quarter. Twenty Acre Capital LP owns 1,393,869 of the company stock, worth $2.523,000. This is after acquiring 14,100 additional shares during the last quarter. Vanguard Group Inc. has increased its stakes in U.S. Xpress Enterprises shares by 6.0% during the first quarter. Vanguard Group Inc. owns 1,326,324 of the company stock, worth $5,146,000, after purchasing an additional 74 6,26 shares during the last quarter. Gabelli Funds LLC purchased a new stake in U.S. Xpress Enterprises during the first quarter, valued at approximately $6,154,000. GABELLI & Co. INVESTMENT ADVICE INC. also bought a position in U.S. Xpress Enterprises during the first quarter, worth approximately $4,524,000. Hedge funds and institutional investors own 30.14%.
U.S. Xpress Enterprises
US Xpress Enterprises, Inc provides truckload carrier service. The company operates in two segments: Truckload and Brokerage. The Truckload segment provides asset-based services for truckload, such as dedicated contract and over-the-road services. The Brokerage segment offers non-asset-based freight brokerage services.
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