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Marten Transport, Ltd (NASDAQ:MRTN) has been downgraded to Sell in a report by Zacks Investment Research today.

Boasting a price of $27.55, Marten Transport, Ltd (NASDAQ:MRTN) traded 0.82% higher on the day. With the last close up 19.57% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Marten Transport, Ltd has recorded a 50-day average of $16.80 and a two hundred day average of $15.51. Volume of trade was up over the average, with 284,736 shares of MRTN changing hands over the typical 157,091

Zacks Investment Research has downgraded Marten Transport, Ltd (NASDAQ:MRTN) to Sell in a statement released on 6/21/2017.

Performance Chart

Marten Transport, Ltd (NASDAQ:MRTN)

With a total market value of $0, Marten Transport, Ltd has price-earnings ratio of 29.82 with a one year low of $11.22 and a one year high of $19.00 .

A total of 4 analysts have released a research note on MRTN. Three analysts rating the company a strong buy, one analyst rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $20.50.

More About Marten Transport, Ltd (NASDAQ:MRTN)

Marten Transport, Ltd. is a temperature-sensitive truckload carrier. The Company focuses on transporting and distributing food and other consumer-packaged goods that require a temperature-controlled or insulated environment. The Company operates through four segments: Truckload, Dedicated, Intermodal and Brokerage. It operates throughout the United States and in parts of Canada and Mexico. The Company's medium-to-long-haul traffic lanes are between the Midwest and the West Coast, Southwest, Southeast, and the East Coast, as well as from California to the Pacific Northwest. It provides regional truckload carrier services in the Southeast, West Coast, Midwest, South Central and Northeast regions. It also offers loading and unloading activities, equipment detention and other ancillary services. The Company's Truckload segment provides a combination of regional short-haul and medium-to-long-haul full-load transportation services.

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