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BidaskClub downgraded Rush Enterprises, Inc. (NASDAQ:RUSHA) to Hold in a report released today.

BidaskClub has downgraded Rush Enterprises, Inc. (NASDAQ:RUSHA) to Hold in a report released on 6/16/2017.

Just yesterday Rush Enterprises, Inc. (NASDAQ:RUSHA) traded 1.24% higher at $35.58. Rush Enterprises, Inc.’s 50-day moving average is $40.57 and its 200-day moving average is $37.13. The last stock price is down 18.33% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 156,397 shares of RUSHA traded hands, down from an average trading volume of 201,839

Recent Performance Chart

Rush Enterprises, Inc. (NASDAQ:RUSHA)

Rush Enterprises, Inc. has 52 week low of $21.99 and a 52 week high of $44.08 with a PE ratio of 27.73 and has a market capitalization of $0.

In addition to BidaskClub reporting its stock price target, a total of 8 brokerages have issued a ratings update on the company. The average stock price target is $22.50 with 1 brokerage rating the stock a strong buy, 1 brokerage rating the stock a buy, 7 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Rush Enterprises, Inc. (NASDAQ:RUSHA)

Rush Enterprises, Inc. is an integrated retailer of commercial vehicles and related services. The Company operates through the Truck Segment, which includes its operation of a regional network of commercial vehicle dealerships under the name Rush Truck Centers. Through its Rush Truck Centers, it offers services, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products. As of December 31, 2016, the Company operated 100 Rush Truck Centers in 21 states. The Company's Rush Truck Centers are located in Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Kentucky, Missouri, Nevada, New Mexico, North Carolina, Ohio, Oklahoma, Tennessee, Texas, Utah and Virginia. Its Rush Truck Leasing provides full-service maintenance on customers' vehicles. At Rush Truck Centers, it offers third-party financing to assist customers in purchasing new and used commercial vehicles.

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